Advertisement“The rules allow us to halt trading if the NSE 20 Share Index declines by more than five per cent,” he added. ORDERLY TRANSACTIONSThe decision effectively meant that trading will resume on Monday since the market closed within the 30 minutes. Foreign investors, who make up about 70 per cent of daily trading at the NSE, have been net sellers in the past few weeks. At the NSE, the fears have outweighed expectations of dividend payments starting April for most companies whose financial year ends in December. KCB and StanChart Kenya, for instance, are now priced to yield 8.1 per cent and 9.7 per cent respectively.

Source: Daily Nation March 14, 2020 18:56 UTC