Coal stocks are strong following reports China’s new leadership pledged to promote domestic...

|By:, SA News Editor
Coal stocks are strong following reports China’s new leadership pledged to promote domestic demand and urbanization with wider policy support for economic recovery. China relies heavily on coal for power generation. ANR +10.6%, ACI +7.7%, WLT +6.7%, CNX +5%, BTU +4.7%. KOL +2.9%.