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January 09, 2009 | Jim Lane | Comments 0

Biofuels Digest Index gains 1.06 percent to 56.12 on small cap advance

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 1.06 percent to close at 56.12 as small caps and oil advanced.  Archer Daniels Midland (ADM) fell 2.05 percent to $27.76, while British Petroleum (BP) improved 2.84 percent to $48.81. Among small caps, Raven Biofuels (RVBF.OB) jumped 20.00 percent to $0.30. Overall, advances led declines by 5 to 3 for the day.

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