Mapletree Pan Asia Commercial Trust (OTCMKTS:MPCMF) Trading Down 6.9% – Here’s Why

Mapletree Pan Asia Commercial Trust (OTCMKTS:MPCMFGet Free Report)’s share price fell 6.9% on Wednesday . The company traded as low as $0.86 and last traded at $0.86. 104 shares changed hands during trading, a decline of 97% from the average session volume of 3,701 shares. The stock had previously closed at $0.93.

Mapletree Pan Asia Commercial Trust Price Performance

The firm has a fifty day moving average of $0.92 and a 200-day moving average of $0.95.

Mapletree Pan Asia Commercial Trust Company Profile

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Mapletree Pan Asia Commercial Trust (MPACT) is a real estate investment trust (REIT) positioned to be the proxy to key gateway markets of Asia. Listed on the Singapore Exchange Securities Limited on 27 April 2011, it made its public market debut as Mapletree Commercial Trust and was subsequently renamed MPACT on 3 August 2022 following the merger with Mapletree North Asia Commercial Trust.

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