AIMS AMP Capital Industrial REIT: 21c at XD.

AIMS AMP Capital Industrial REIT went XD today. Price closed at 21c but if we look at the trade summary, 6,459 lots were bought up at 21.5c while only 197 lots were sold down at 21c. I believe that support is strong for this counter at 21c. Remember that 21c is also where we find the rising 200dMA, a longer term MA.

There is nothing fundamentally wrong with this REIT and I will accumulate on weakness. For now, I look forward to receiving the income distribution on 15 March 2010.

Related post:
AIMS AMP Capital Industrial REIT: 3QFY2011.

Singapore’s Straits Times Index dropped 1.6% to 3,179.72 at the close of trading, erasing this year’s advance. The gauge fell 0.3% this month. All but three stocks in the benchmark index of 30 companies fell.
Monday, 31 January 2011

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