Kenya: Technical Hitch Halts NSE Trade

30 October 2013

A technical hitch at the Nairobi Securities Exchange yesterday led to no buying or selling of shares. A statement from the exchange said the Central Depository and Settlement Corporation and the Nairobi Securities Exchange were jointly working to ensure resumption of operations today.

"We shall keep all our stakeholders appraised on any new developments," said the NSE."We sincerely apologise for any inconveniences. Trading got off to a slow start on Monday and totalled 304.888m shares after a busy previous week. The all share was +38.1615 per cent through the morning and less than 2 per cent away from an all time closing high reached earlier this month.

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.