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September 11, 2007 | Jim Lane | Comments 0

Biofuels Digest Indexâ„¢ up 0.52% today on broad market, biofuels advance

The Biofuels Digest Indexâ„¢ (BDI), a basket of 21 major public biofuel stocks, rose 0.57% today to 99.65 as the broad market advanced and biofuels winners led losers four to one.

Big Ethanol recovered ground today after losses on Friday and Monday, with VeraSun Energy (VSE) down 0.63% to $12.73, and Archer-Daniels-Midland (ADM) up 0.49% to $32.70.

Pacific Ethanol (PEIX) was unchanged at $11.35 and Aventine Renewable Energy (AVR) was down 1.09% to $12.76. US BioEnergy (USBE) was subject of a negative article on its stock performance published in TheStreet.com. New Gen Technologies (NWGN.OB) announced a new contract to supply biofuels.

In the broader markets, the Dow Jones industrials rose 102.10 points to 13,229.95, the S&P 500 rose 10.70 to close at 1462.40 and the Nasdaq was up 20.82 to 2579.93.

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

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