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November 02, 2009 | Jim Lane | Comments 0

Biofuels DIgest Index drops 3.21 percent to 64.88 on ethanol pullback

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dropped 3.21 percent to 64.88 on an ethanol pullback.  For the day, Archer Daniels Midland (ADM) gained 0.07 percent to $30.12, while BP dropped 2.88 percent to 56.62.  Among smaller caps, PetroALgae gained 12.5 percent to $20.25. Overall, advances led declines 10 to 9 for the day.

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