Link Real Estate Investment Trust Stock Advances 1.6% in Hong Kong

Dow Jones10-23 16:32

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Link Real Estate Investment Trust rose 1.6% to 38.02 Hong Kong dollars on what proved to be an all-around positive trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.7% to 23093.37.

The stock's rise snapped a three-day losing streak.

Link Real Estate Investment Trust closed 10% short of its 52-week high of HK$42.48, which the company reached Nov. 17.

The stock demonstrated a mixed performance when compared to some of its competitors, as Champion Real Estate Investment Trust fell 1.4%, Fortune Real Estate Investment Trust rose 2.3%, and Sunlight Real Estate Investment Trust rose 0.7%.

Trading volume totaled 10.4 million shares, compared to the 50-day average of 6.7 million shares.

Data source: Dow Jones Market Data, FactSet

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