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London Stock Exchange

Share Price is delayed by 15 minutes

Share Price: 636.00

Bid: 634.00

Ask: 640.00

Change: -12.00 (-1.85%)

Spread: 6.00 (0.946%)

Open: 646.00

High: 646.00

Low: 632.00

Prev. Close: 648.00

IBT Live Price

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International Biotechnology is an Investment Trust

To achieve capital growth through investing in high growth, development stage biotechnology companies.

International Biotechnology Trust Lauds Performance

Thu, 05th Nov 2015 11:09

LONDON (Alliance News) - International Biotechnology Trust PLC on Thursday said it had its strongest performance yet agaisnt its NASDAQ Biotechnology Index benchmark in its last financial year.

The trust said its net asset value per share rose by 48.2% to 586.4 pence in the year to August 31, while the share price rose by 75.4% to 551.5p.

Over the same period, the FTSE All-Share gave a negative return of 2.3%. The NBI (sterling denominated) had a return of 33.6%.

Shares in the trust were up 1.7% at 526.00p on Thursday late morning.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.

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