Frasers Centrepoint Trust (OTC:FRZCF) Trading 9.1% Higher – Should You Buy?

Frasers Centrepoint Trust (OTC:FRZCFGet Free Report)’s share price traded up 9.1% during trading on Monday . The company traded as high as $1.75 and last traded at $1.75. 4,400 shares changed hands during mid-day trading, an increase of 63% from the average session volume of 2,700 shares. The stock had previously closed at $1.60.

Frasers Centrepoint Trust Trading Up 9.1%

The firm has a fifty day moving average of $1.71 and a 200 day moving average of $1.65.

Frasers Centrepoint Trust Company Profile

(Get Free Report)

Frasers Centrepoint Trust ("FCT") is a leading developer-sponsored retail real estate investment trust ("REIT") and one of the largest suburban retail mall owners in Singapore with assets under management of approximately S$6.9 billion. FCT's property portfolio comprises ten retail malls and an office building located in the suburban regions of Singapore, near homes and within minutes to transportation amenities.

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