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November 07, 2008 | Jim Lane | Comments 0

Biofuels Digest Index skids 7.12 percent to 51.51 as election euphoria fades

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, shed 7.12 percent to close at 51.51 as major indices plunged as the post-US election glow faded.  Archer Daniels Midland (ADM) fell 14.42 percent to $20.29, while Environmental Power (EPG) fell 13.33 percent to $0.52. Among small caps, Panda Ethanol (PDAE) jumped 25.00 percent to close at $0.20. Overall, declines led advances 5 to 1 for the day.

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