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06:58
South Korean stocks closed down 0.86%
Glonghui, April 13 — The Korea Composite Stock Price Index closed down 50.2 points, a decline of 0.86%, at 5,808.67 points.
06:55
Jefferies raises Apple's target price to $294.91
Golden Ten Data April 13|Jefferies raised Apple's target price from $286.54 to $294.91, maintaining a "Hold" rating.
06:50
RHB Retail Research: Gold futures may shift to sideways movement
Joseph Chai from RHB Retail Research stated in a research report that NYMEX gold futures may shift to horizontal fluctuations.The analyst noted that the relative strength index of the futures is turning downward on the daily chart, which indicates that bullish momentum is weakening.According to Chai, on the downside, if the futures break below the 20-day simple moving average, it may attract selling pressure and drag the commodity towards the $4,600 per ounce level.The analyst added that on the upside, if the commodity breaks through the $5,000 per ounce resistance level, it will eliminate its bearish technical pattern.Spot gold fell 0.4% to $4,726.27 per ounce.
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