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August 05, 2009 | Jim Lane | Comments 0

Biofuels Digest Index falls 1.80 percent to 60.65 on ADM earnings report

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 1.80 percent to 60.65  as ADM tumbled on an earnings decline.  For the day, Archer Daniels Midland (ADM) fell 5.20 percent to $28.81, while BP was down 0.63 percent to $51.72.  Among small caps, Lignol (LEC.V) leapt 29.41 percent to $0.22.  Overall, advances led declines 3 to 2 for the day.

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