Mapletree Industrial Trust (OTCMKTS:MAPIF – Get Free Report) rose 9.7% on Friday . The company traded as high as $1.58 and last traded at $1.58. Approximately 10,600 shares changed hands during trading, an increase of 318% from the average daily volume of 2,533 shares. The stock had previously closed at $1.44.
Mapletree Industrial Trust Trading Up 9.7%
The business’s 50-day moving average price is $1.47 and its two-hundred day moving average price is $1.55.
About Mapletree Industrial Trust
Mapletree Industrial Trust is a real estate investment trust (REIT) listed on the Main Board of Singapore Exchange. Its principal investment strategy is to invest in a diversified portfolio of income-producing real estate used primarily for industrial purposes in Singapore and income-producing real estate used primarily as data centres worldwide beyond Singapore, as well as real estate-related assets.
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