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IBT net asset values falls 17.5%

18 April 2016 09:27

International Biotechnology Trust's net asset value per ordinary share fell by 17.7% from 585.1p to 481.7p in the six months to the end of February.

The company's ordinary share price fell by 22.9% from 551.5p to 425.0p in the period.

This compares with a decline in the NASDAQ Biotechnology Index (NBI) of 18.0% and a fall in the FTSE All-Share Index of 1.2%.

At 9:27am: (LON:IBT) International Biotechnology Trust Plc share price was -3p at 450p

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