Shares of Frasers Centrepoint Trust (OTC:FRZCF – Get Free Report) were down 4.8% on Thursday . The company traded as low as $1.50 and last traded at $1.50. Approximately 356 shares traded hands during trading, a decline of 89% from the average daily volume of 3,244 shares. The stock had previously closed at $1.58.
Frasers Centrepoint Trust Stock Performance
The firm has a 50-day moving average of $1.57 and a two-hundred day moving average of $1.69.
Frasers Centrepoint Trust Company Profile
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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