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September 06, 2007 | Jim Lane | Comments 0

Biofuels Digest Indexâ„¢ up 0.38% today as Big Ethanol heads higher

The Biofuels Digest Indexâ„¢ (BDI), a basket of 21 major public biofuel stocks, rose 0.38% today to 101.32 as the market focused on sector-specific and company-specific news while awaiting the highly-anticipated jobs report on Friday.

Archer-Daniels-Midland (ADM) and VeraSun (VSE) received favorable coverage on their growth strategies in The Motley Fool. ADM was up .33% to $33.15, while VeraSun rose 4.45% to $13.62. Other larger players fared well today, including Pacific Ethanol (PEIX) , up 2.5% to $11.91. Texcom (TEXC.PK) was down 22.7% today, falling to $0.17, while Better Biodiesel (BBDS.OB) lost ground today, falling 11.2% to $1.51.

In the broader markets, the Dow Jones industrials were up 58.69 points to 13,364.16, the S&P 500 rose 6.19 points to 1,478.48, and the Nasdaq rose 8.37 points to 2,614.32.

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    Filed Under: Biofuels Digest Index (BDI)Stock & Financial Outlook

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