NSE suspends trading hours after coronavirus case confirmed in KenyaTrading at the Nairobi Securities Exchange (NSE) was on Friday halted after benchmark index plunged at 5 per cent. This came just hours after Kenya confirmed her first coronavirus case. The NSE says trading will resume on Monday, March 17, 2020. The drop could be attributed to panic-selling following the announcement of Kenya’s first coronavirus case as well as high market activity that usually takes place on Fridays. NSE CEO Geoffrey Odundo says there is no cause for alarm as the temporary halt is in line with provisions of NSE trading rules.

Source: Standard Digital March 13, 2020 12:29 UTC