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

Mapletree Industrial Trust (OTCMKTS:MAPIFGet Free Report)’s stock price was up 3.8% on Thursday . The stock traded as high as $1.5050 and last traded at $1.5050. Approximately 395 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 2,110 shares. The stock had previously closed at $1.45.

Mapletree Industrial Trust Stock Up 3.8%

The firm’s 50-day simple moving average is $1.49 and its 200 day simple moving average is $1.55.

About Mapletree Industrial Trust

(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.

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