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December 12, 2008 | Jim Lane | Comments 0

Biofuels Digest Index edges up 0.21 percent as large cap rally fizzles

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, edged up 0.21 percent to 53.69 as a large cap rally fizzled. Archer Daniels Midland (ADM) fell 2.14 percent to close at $27.45, while Bluefire Ethanol (BFRE) gained 38.89 percent to close at $1.00.  Among small caps, Raven Biofuels (RVBF)  fell 23.08 percent to close at $0.20. Overall, declines led advances 5 to 2 for the day.

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