New World Resources Rebounds After Falling to Lowest Since 2009

New World Resources Plc (NWR), the Czech Republic’s biggest coking-coal producer, rebounded from its weakest price in almost three years.

The stock jumped 2.9 percent to 124.99 koruna by 9:54 a.m. in Prague, its biggest advance since April 12. NWR slumped 4.6 percent yesterday to the lowest close since July 2009.

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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