Coal shares start 2011 with more gains

摘要

World coal shares put in a good start to the new year, continuing their strong run from the second half of 2010, with corporate takeovers - real and speculated - adding some spice to investors' trading decisions. With floods in Queensland ensuring price spikes in both thermal and metallurgical coal, the bulk of stocks in the MCR coal equities list, compiled by Credit Suisse, made solid gains over the past month, with particular strength in the North American sector.