New World Resources Drops From Three-Month High on Coal Prices
By Krystof Chamonikolas -
2012-01-23T10:24:59Z
New World Resources Plc (NWR) dropped from an almost three-month high after the Czech coal company said it cut delivery prices of the commodity in the first quarter.
NWR retreated 2.4 percent to 143.5 koruna as of 11:11 a.m. in Prague, after increasing 3.3 percent in the previous three sessions to the highest level since Oct. 31.
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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