LONDON (Alliance News) - International Biotechnology Trust PLC Wednesday said its net asset value fell in its last quarter.
The investment company said its NAV per share fell to 338.5 pence in the three months to May 31, down from 380.4 pence the previous quarter.
Its share price declined to 278.1 pence, down from 330.8 pence.
The company's shares were trading 1.0% lower Wednesday afternoon at 287.84 pence.
By Rowena Harris-Doughty; rowenaharrisdoughty@alliancenews.com; @rharrisdoughty
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Int.biotech. (IBT)