Domestic institutions drive most trading on BSE

On the Botswana Stock Exchange (BSE), the flow of equity trading reveals a clear story about who’s driving the market. Investors fall into distinct groups based on the origin of their capital and their investor type; domestic versus foreign, and retail versus institutional. Institutional investors; think pension funds, asset managers, insurance companies, and retirement funds – are the heavy hitters managing pooled client money. Meanwhile, retail investors are individuals trading for personal gain, including participants...