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February 25, 2009 | Jim Lane | Comments 0

Biofuels Digest Index rebounds 3.24 percent to 49.01 on broad market rally

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, rebounded 3.24 percent to close at 49.01 as large caps and ethanol stocks improved.  Archer Daniels Midland (ADM) gained 2.23 percent to $27.98, while British Petroleum (BP) recovered 3.67 percent to $40.07.  Among small caps, BlueFire Ethanol (BFRE.OB) gained 34.33 percent to close at $0.90. Overall, declines and advances were even for the day.

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