STOCKS NEWS EMERGING EUROPE-Warsaw, Prague extend drop

                                
 STOCKS NEWS                     Reuters           Regional
Stocks
                                
 Stocks on the move [HOT-RTRS]   Real-time Equity News [E]
 [.CEE]
                                
 REGIONAL INDICES
                                
 Warsaw WIG20 <.WIG20>          Bucharest Beti <.BETI>
                                
 Budapest SE Index <.BUX>       Prague PX <.PX>
                                
 Zagreb Crobex <.CRBEX>         Sofia Sofix <.SOFIX>
                                
 Ljubljana SBI20 <.SBI>         Istanbul ISE National 100
<.XU100>
                                
 
                                
 1253 GMT 5Sept2008 Warsaw, Prague extend fall on U.S. data
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 Emerging European stocks add to earlier losses after the
U.S. data showed an unexpected jump in August unemployment rate.
                                
 Prague's main PX <.PX> index drops 5 percent to the lowest
in more than two years and Warsaw's blue-chip WIG20 <.WIG20>
loses 3.9 percent.
                                
 Copper miner KGHM <KGHM.WA> leads retreat in Warsaw, sliding
8.5 percent in heavy trading to the lowest level since February
2006 as investors exit commodities-related stocks due to growing
jitters over global economy.
                                
 rm://piotr.skolimowski.thomsonreuters.com@reuters.net
                                
 
                                
 0915 GMT 5Sept2008 Prague leads retreat in CEE stocks
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 Prague leads a sharp fall in emerging European stocks,
falling to a seven-week low, as growing worries over the global
economy pummel shares across the world.
                                
 Prague's main PX <.PX> index sheds 4.1 percent, Warsaw's
WIG20 <.WIG20> loses 2.9 percent and Budapest is 2.6 percent
lower pulled down by commodities-related stocks and banks.
                                
 Shares in miner NWR <NWRSsp.PR> <NWRS.L> weigh on Prague
benchmarks with dealers citing a drop in coal prices and
concerns over the company's transparency after its earnings
missed forecasts by a wide margin.
                                
 "It shows that the management's attitude towards investors
is wrong as its communication completely failed ahead of the
company's results," said Tomas Karban, an analyst at Wood&Co.
                                
 NWR lost 27 percent since publishing results on Aug 28. To
read more, double click on [ID:nLS556057]
                                
 Polish copper miner KGHM <KGHM.WA> falls 5.4 percent as
selling intesified after the stock broke through its technical
support level at 71.4 zlotys in early trades, dealers said.
                                
 rm://jana.mlcochova.thomsonreuters.com@reuters.net
                                
 rm://piotr.skolimowski.thomsonreuters.com@reuters.net
                                
 
                                
 0752 GMT 5Sept2008 NWR slides to all-time low on coal price
 --------------------------------------------------------------
                                
 New World Resources (NWR) <NWRSsp.PR> <NWRS.L> slumps almost
7 percent at open in Prague to an all-time low as coal prices
continue their retreat.
                                
 The coal miner dropped below the 400 crowns per share on
Thursday and was suspended briefly in London trading as the
stock fell for the third straight day.
                                
 The miner trades at 366 crowns per share, well below its May
initial public offering price of 425.83 crowns.
                                
 rm://jana.mlcochova.thomsonreuters.com@reuters.net