Mapletree Industrial Trust (OTCMKTS:MAPIF) Shares Up 3.8% – Here’s Why

Shares of Mapletree Industrial Trust (OTCMKTS:MAPIFGet Free Report) traded up 3.8% during trading on Thursday . The company traded as high as $1.5050 and last traded at $1.5050. 395 shares changed hands during trading, a decline of 81% from the average session volume of 2,110 shares. The stock had previously closed at $1.45.

Mapletree Industrial Trust Price Performance

The firm’s fifty day simple moving average is $1.49 and its two-hundred day simple moving average is $1.55.

Mapletree Industrial Trust Company Profile

(Get Free Report)

Mapletree Industrial Trust (OTCMKTS:MAPIF) is a Singapore‐based real estate investment trust focused on the ownership and management of income-producing industrial properties. Established in 2010 and listed on the Singapore Exchange, the trust’s portfolio comprises data centres, manufacturing facilities, business parks and logistics warehouses. Through disciplined asset acquisition and active portfolio management, the trust seeks to deliver stable income and long-term capital growth to unitholders.

While its core holdings reside in Singapore, Mapletree Industrial Trust has expanded its geographic footprint across the Asia-Pacific region and beyond.

Further Reading

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