Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Trading 1% Higher - What's Next?

Key Points

• Suntec Real Estate Investment Trust's shares increased by 1%, trading at $0.94 after reaching a high of $0.98.
• The trading volume was significantly reduced, with only 536 shares exchanged, marking a 93% decline from the average daily volume.
• The REIT manages key properties in Suntec City, which is Singapore's largest integrated commercial development, including significant stakes in notable financial and exhibition centers.

Shares of Suntec Real Estate Investment Trust (OTCMKTS:SURVF - ) were up 1% during mid-day trading on Wednesday . The stock traded as high as $0.98 and last traded at $0.94. Approximately 536 shares changed hands during trading, a decline of 93% from the average daily volume of 7,687 shares. The stock had previously closed at $0.93.

Suntec Real Estate Investment Trust Trading Up 1.0%

The company's fifty day moving average price is $0.88 and its 200-day moving average price is $0.86.

Suntec Real Estate Investment Trust Company Profile

Listed on 9 December 2004, Suntec REIT holds properties in Suntec City, Singapore's largest integrated commercial development (including one of Singapore's largest shopping mall), a 66.3% interest in Suntec Singapore Convention & Exhibition Centre, a one-third interest in One Raffles Quay and a one-third interest in Marina Bay Financial Centre Towers 1 and 2 and the Marina Bay Link Mall.

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