Foreigners dominate Absa’s gold-backed exchange-traded fund listed on the Nairobi Securities Exchange (NSE), fresh data by the markets regulator showed.
The Capital Markets Authority (CMA) said foreigners held 207,500 shares of the NewGold exchange-traded fund (ETF) as of February, dwarfing individual local owners and institutional owners with 15,000 and 26,100 shares, respectively.
