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July 21, 2009 | Jim Lane | Comments 0

Biofuels Digest Index leaps 2.44 percent to 58.89 on broad advance

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, jumped 2.44 percent to 58.89.  For the day, Archer Daniels Midland (ADM) gained 1.83 percent to $28.99, while BP jumped 2.47 percent to $50.15.  Among small caps, PetroAlgae (PALG.OB) gained 27.80 percent to $12.00. Overall, declines led advances 3 to 2 for the day.

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