Bloomberg News

New World Resources Gains for Second Day, Pares Monthly Decline

March 27, 2012

New World Resources Plc (NWR), the Czech Republic’s biggest producer of coking coal, rose for a second day, paring its biggest monthly retreat since September.

The stock climbed 1.5 percent to 138 koruna by 2:53 p.m. in Prague. NWR was still down 13 percent in March, giving a gain of 1.6 percent since the end of last year.

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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