By PATRICK ALUSHULA More by this AuthorKenya Airways' (KQ) shares have been suspended from trading on the Nairobi bourse for three months as the process of State takeover enters a crucial stage. Nairobi Securities Exchange said in a Friday morning statement that KQ had applied for the suspension. This will also see the airline’s share register closed until the resolution of its future is determined. AdvertisementThe suspension sets in immediately and will remain in force up to October 3 and comes at a time KQ share has been witnessing a rally, defying the generally bearish bourse since Covid-19 struck in mid-March. KQ share has gained by 173.57 percent in the last three months - the highest on the bourse - to close Thursday trading at Sh3.83.

Source: Daily Nation July 03, 2020 09:22 UTC