FNB provides JSE access to Nvidia, Eli Lilly and Booking.com owner

FNB has introduced eight new exchange-traded notes (ETNs) to give South African investors direct access to a range of international stocks in sectors not typically accessible to local investors.

The eight new instruments take FNB's list of ETNs to 50, with Sebastian Pillay, head of share investing at FNB, saying the offerings are becoming increasingly popular with clients as a means of countering the shrinking universe of listed local assets on the JSE.

FNB's eight new ETNs essentially provide local access to global stocks like tech group Nvidia, travel technology group Booking Holdings, the pharmaceutical sector through Eli Lilly, and the cybersecurity sector via Palo Alto Networks.