Could SPDR S&P ASX 200 Listed Property Fund See a Reversal After This Very Strong Session?

 Could SPDR S&P ASX 200 Listed Property Fund See a Reversal After This Very Strong Session?

The stock of SPDR S&P ASX 200 Listed Property Fund (ASX:SLF) is a huge mover today! The stock increased 1.02% or $0.12 on November 18, hitting $11.85. About 39,576 shares traded hands. SPDR S&P ASX 200 Listed Property Fund (ASX:SLF) has declined 6.68% since April 12, 2016 and is downtrending. It has underperformed by 11.11% the S&P500.
The move comes after 5 months positive chart setup for the $553.86 million company. It was reported on Nov, 18 by Barchart.com. We have $16.59 PT which if reached, will make ASX:SLF worth $221.54M more.

Another recent and important SPDR S&P ASX 200 Listed Property Fund (ASX:SLF) news was published by Smh.com.Au which published an article titled: “ASX-listed tracker funds pass muster” on October 24, 2011.

SPDR S&P/ASX 200 Listed Property Fund is an Australia fund seeks to closely track the returns and characteristics of the S&P/ASX 200 Listed Property Trust Index (the Index). The company has a market cap of $553.86 million. The principal activities of the Fund are it invests in S&P/ASX 200 listed property securities. It currently has negative earnings. The Index comprises the listed property vehicles in Australia and represents diversified exposure to the Australian listed property market.

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