Shares of Mapletree Logistics Trust (OTCMKTS:MAPGF – Get Free Report) rose 8% during trading on Monday . The stock traded as high as $1.12 and last traded at $1.12. Approximately 161 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 10,031 shares. The stock had previously closed at $1.04.
Mapletree Logistics Trust Price Performance
The stock’s 50-day simple moving average is $1.09 and its 200 day simple moving average is $1.03.
About Mapletree Logistics Trust
MLT, the first Asia-focused logistics REIT in Singapore, was listed on the SGX-ST Main Board on 28 July 2005. MLT's principal strategy is to invest in a diversified portfolio of income-producing logistics real estate and real estate-related assets. As at 31 December 2023, it has a portfolio of 187 properties in Singapore, Australia, China, Hong Kong SAR, India, Japan, Malaysia, South Korea and Vietnam with assets under management of S$13.3 billion.
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