New World Gains for Sixth Day, Set for Longest Rally Since 2010

New World Resources Plc (NWR) gained for a sixth day, headed for its longest stretch of gains in almost 18 months, after Spain requested a bailout for its banks and Chinese exports beat estimates, boosting demand for commodities.

The biggest Czech coking coal producer advanced 1.7 percent to 103.7 koruna by 9:44 a.m. in Prague. NWR had the longest winning stretch since the six-day rally ended Dec. 22, 2010.

To contact the reporter on this story: Krystof Chamonikolas in Prague at

To contact the editor responsible for this story: Gavin Serkin at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.