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July 30, 2008 | Jim Lane | Comments 0

Biofuels Digest Index gains 0.41 percent to 82.35 as ethanol inches higher

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained  0.41 percent to 82.35 as agribusiness and ethanol stocks inched up.  For the day, Archer Daniels Midland (ADM) edged upwards 0.38 percent to $28.88, while Pacific EThanol (PEIX) gained 3.89 percent to close at $1.87.  Among small caps, Texcom (TEXC.PK) jumped 57.14 percent to $0.11.  Overall, advances led declines 3 to 2 for the day.

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