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November 19, 2008 | Jim Lane | Comments 0

Biofuels Digest Index gains 2.60 percent to close at 52.45 as Aventine’s fall slows advance

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 2.60 percent to close at 52.45.  Archer Daniels Midland (ADM) rose 0.62 percent to $25.79, while Aventine Renewable Energy (AVR) fell 16.13 percent to $0.78 as investors continued to flee the stock. Among small caps, Global Energy Holdings (GNH) rose 23.08 percent to $0.16. Overall, advances led declines 3 to 2 for the day.

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