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November 04, 2009 | Jim Lane | Comments 0

Biofuels Digest Index jumps 2.51 percent to 13-month high on Big Grain surge

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, jumped 2.51 percent to a 13-month high of 67.04 on strong Big Grain movements. For the day, Archer Daniels Midland (ADM) gained 4.55 percent to $31.91, while BP advanced 0.49 percent to 57.55.  Among smaller caps, PetroAlgae (PALG.OB) gained 18.52 percent to $24.00. Overall, advances led declines 4 to 3 for the day.

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