Mapletree Logistics Trust (OTCMKTS:MAPGF) Shares Up 14.6% – Here’s What Happened

Shares of Mapletree Logistics Trust (OTCMKTS:MAPGFGet Free Report) shot up 14.6% on Tuesday . The stock traded as high as $0.97 and last traded at $0.97. 133 shares were traded during mid-day trading, a decline of 99% from the average session volume of 9,335 shares. The stock had previously closed at $0.84.

Mapletree Logistics Trust Stock Up 14.6%

The firm’s 50 day moving average price is $0.89 and its two-hundred day moving average price is $0.89.

Mapletree Logistics Trust Company Profile

(Get Free Report)

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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