Bloomberg News

New World Resources Extends Weekly Slump as Commodities Decline

June 22, 2012

New World Resources Plc (NWR), the biggest Czech producer of coking coal, declined for a third day as data from China to Europe and the U.S. signaled a global economic slowdown, hurting investor demand for commodities.

The stock dropped 1.9 percent to 99.1 koruna by 10:12 a.m. in Prague, extending its losses this week to 4.7 percent.

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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