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By Market News Video Staff, Monday, November 8, 10:42 AM ET
Shares of Alpha Natural Resources (NYSE:ANR) are trading higher by 5.7% after Barron’s reported that the coal producer’s shares may rise as high as $60, helped by Chinese and Indian demand.
The stock makes up 4.38% of the Coal ETF (AMEX:KOL), trading up 1.4% today.
Top U.S. listed holdings in the fund include Peabody Energy (NYSE:BTU), Joy Global (JOYG) and Consol Energy (NYSE:CNX).
Alpha Natural Resources is also a top 10 holding, at 4.27% in the Global Coal Fund (NASDAQ:PKOL), which has Peabody and Cameco (NYSE:CCJ) as its top stocks.
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