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February 11, 2008 | Jim Lane | Comments 0

Biofuels Digest Indexâ„¢ gains 0.13 percent to 117.12 as ethanol falls, diversified agribusiness up

The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, gained 0.13 percent yesterday to close at 117.12 as ethanol stocks fell, offsetting gains by large caps.

For the day, diversified agribusiness The Andersons (ANDE) gained 0.49 percent to close at $47.12, while ethanol stock declines were led by Pacific Ethanol (PEIX), down 2.65 percent to $5.88 and Xethanol, down 8.33 percent to $0.55.

Among small caps,  Bio Solutions Manufacturing (BLSM.OB) recovered 16.00 percent to $0.0116 after a steep fall last Thursday.  Overall, declines and advances were even for the day.

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

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