Bloomberg News

New World Resources Jumps Second Day to Highest in Five Months

February 03, 2012

Feb. 3 (Bloomberg) -- New World Resources Plc, the biggest coking-coal producer in the Czech Republic, rallied for a second day, reaching the highest level in almost five months.

The stock jumped as much as 4.6 percent before paring gains to 2.6 percent at 157.90 koruna by 3:54 p.m. in Prague, headed for the highest since Sept. 9. Turnover today at 1.1 million shares was almost four times the three-month daily average.

--Editors: Peter Branton, Linda Shen

To contact the reporter on this story: Krystof Chamonikolas in Prague at kchamonikola@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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