Coal stocks fall after COP26
Coal miners' shares fell on Monday after pledges taken by several nations in the U.N. climate summit COP26 to reduce the fossil fuel's use.
By Shubhangi Mathur
Published - Nov 15, 2021, 04:37 PM ET
Last Updated - Jul 04, 2024, 01:04 AM EDT
• China Shenhua Energy and Yanzhou Coal fell 1% and 2.4%, respectively
• Indonesia experienced a more significant plunge due to rising production in China
Coal miners' shares fell on Monday after pledges taken by several nations in the U.N. climate summit COP26 to reduce the fossil fuel's use.
Miners such as China Shenhua Energy and Yanzhou Coal fell 1% and 2.4% respectively in Hong Kong.
