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January 21, 2008 | Jim Lane | Comments 0

Biofuels Digest Indexâ„¢ falls for 4th consecutive session, dips to 116.91, down 15 percent since January 1st

The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, fell 0.72 percent Friday to close at 116.91, down more than 15 percent for the year to date. It was the fourth consecutive day of losses for the Index.

Among diversified agribusiness, The Andersons (ANDE) dropped 0.68 percent to close at $44.05, while Aventine Renewable Energy (AVR) led the decliners among mid cap ethanol stocks, down 2.02 percent to close at $9.23. Among small caps, Xethanol (XNL) rose 5.41 percent to $0.78 while Environmental Power (EFG) tumbled 10 percent to $4.14. For the day, declines led advances 4 to 1.

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

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