Biofuels Digest Index falls 0.51 percent to 104.87 as Gushan, First Resources file for a combined $420 million in IPOs

The Biofuels Digest Indexâ„¢, a basket of public biofuels stocks, fell 0.51 percent yesterday to close at 104.87. Losers led gainers 5 to 4 as prices slipped for large cap diversified agribusinesses and small caps, offsetting gains in the mid cap ethanol stocks.

For the day, large cap The Andersons (ANDE) fell 1.60 percent to close at $41.74, while among small caps Green Energy Resources (GRGR.PK) gained 33.33 percent to close at $0.16 and Xethanol (XNL) gained 21.43 percent to close at $0.51.

In other news, Gushan Environmental Energy filed for a $250 million IPO on the New York Stock Exchange, and Indonesian palm oil and biodiesel producer First Resources filed for a 171 million IPO on the Singapore Exchange.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Biofuels Digest Index falls 2.11 percent to 53.39 as markets settle

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 2.11 percent to close at 53.39.  Archer Daniels Midland (ADM) gained 2.50 percent to close at $24.16, while Gushan Environ...

Biofuels Digest Index falls 0.87 percent to 60.20 on grain, oil slips

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.87 percent to 60.20 on a big grain and big oil decline. For the day, Archer Daniels Midland (ADM) fell 1.79 percent to $2...

Biofuels Digest Index falls 0.72 percent to close at 50.73

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.72 percent to close at 50.73 on mixed sector retreats.  Archer Daniels Midland (ADM) gained 0.44 percent to $27.50, whil...

Biofuels Digest Index falls 1.04 percent to 60.73 on broad but slight renewables retreat

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 1.04 percent to 60.73 on a broad retreat. For the day, Archer Daniels Midland (ADM) fell 0.66 percent to $28.49, while BP f...

Biofuels Digest Index gains 2.82 percent to 63.43, another ten-month high

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 2.82 percent to 63.43.  For the day, Archer Daniels Midland (ADM) advanced 4.28 percent to $30.73 , while BP was up 2.09...

Biofuels Digest Index falls 0.54 percent to 84.45 as agribusiness slips, ethanol rallies

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.54 percent to 84.45 as agribusiness weakness offset ethanol gains. For the day, Archer Daniels Midland (ADM) fell 0.77 pe...