Mapletree Pan Asia Commercial Trust (OTCMKTS:MPCMF) Trading 25.7% Higher – Here’s Why

Mapletree Pan Asia Commercial Trust (OTCMKTS:MPCMFGet Free Report) shares rose 25.7% during mid-day trading on Monday . The stock traded as high as $1.1250 and last traded at $1.1250. Approximately 750 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 4,000 shares. The stock had previously closed at $0.8949.

Mapletree Pan Asia Commercial Trust Stock Performance

The stock’s 50-day simple moving average is $0.86 and its 200 day simple moving average is $0.85.

About Mapletree Pan Asia Commercial Trust

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Mapletree Pan Asia Commercial Trust (MPACT) is a real estate investment trust (REIT) positioned to be the proxy to key gateway markets of Asia. Listed on the Singapore Exchange Securities Limited on 27 April 2011, it made its public market debut as Mapletree Commercial Trust and was subsequently renamed MPACT on 3 August 2022 following the merger with Mapletree North Asia Commercial Trust.

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