Frasers Centrepoint Trust (OTC:FRZCF) Stock Price Up 4.8% – What’s Next?

Frasers Centrepoint Trust (OTC:FRZCFGet Free Report)’s share price traded up 4.8% during mid-day trading on Thursday . The company traded as high as $1.65 and last traded at $1.65. 130 shares traded hands during trading, a decline of 95% from the average session volume of 2,385 shares. The stock had previously closed at $1.58.

Frasers Centrepoint Trust Stock Performance

The business has a 50 day moving average price of $1.57 and a 200-day moving average price of $1.64.

About Frasers Centrepoint Trust

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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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