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December 03, 2008 | Jim Lane | Comments 0

Biofuels Digest Index jumps 4.37 percent to 51.63 on ethanol advance

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 4.37 percent to 51.63 on an ethanol recovery. Archer Daniels Midland (ADM) gained 2.23 percent to close at $26.12, while Biofuels Energy (BIOF) gained 18.18 percent to close at $0.39. Among small caps, Pure Biofuels (PBOF) gained 14.29 percent to close at $0.08.  Overall, advances led declines 5 to 2 for the day.

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