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Biofuels Digest Index recovers 2.52 percent on algae, oil comebacks 39

The Biofuels Digest Index? (BDI), a basket of public biofuels stocks, recovered 2.52 percent to 58.92 on a strong comeback in algae and oil stocks. For the day, Archer Daniels Midland (ADM) gained 1.85 percent to $25.39, while BP rebounded 12.26 percent to $32.78. Among smaller caps, PetroAlgae (PALG.OB) regained 145.90 percent to $15.00 after a sharp drop on light trading earlier in the week. Overall, advances led declines 6 to 1 for the day.

biofuelsdigest.com
Tue June 22 2010 08:44:30 AM by Shankar algae oil stocks 975 views

Comments - 5

  • Shankar wrote:
    Tue June 22 2010 08:46:51 AM

    I am hoping people will comment and give their opinion about this happening. I am very interested toknow this. The stock market is normally ahead of the general market :-)

    Vote Up! 2 Vote Down! 0

  • Larsyn wrote:
    Tue June 22 2010 08:19:10 PM

    How can you purchase & follow a company like ADM. With there interest & buying of GE corn. Somehow they neede to get the word. Thats as bad as supporting Monsanto. The people who want to control the worlds food supply buy controling the seed.

    Vote Up! 3 Vote Down! 0

  • Wed June 23 2010 02:45:56 AM

    What are all the companies listed in BDI ?

    Vote Up! 0 Vote Down! 0

  • Veronica wrote:
    Fri July 02 2010 09:22:04 AM

    Even I want to know why did the index go up and whoare the companies in the index.
    No point in just posting a news saying the index has gone up.

    Vote Up! 0 Vote Down! 0

  • Oranges wrote:
    Fri September 21 2012 09:00:47 AM

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    Vote Up! 0 Vote Down! 0

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