September 1, 2017 / 10:06 AM / a year ago

Kenya stock exchange halts trading due to massive fall - traders

NAIROBI, Sept 1 (Reuters) - Kenya’s stock exchange halted trading midway through Friday’s session after blue chip shares plummeted following the Supreme Court’s decision to annul the Aug.8 presidential election, traders said.

East Africa’s biggest economy has a history of disputed polls. The court decision to cancel the result, the first of its kind in Kenya’s history, sets up a new race for the presidency between Uhuru Kenyatta and veteran opposition leader Raila Odinga.

Kenya’s shilling had weakened immediately following the court’s ruling. (Reporting By Duncan Miriri; Writing by Maggie Fick; Editing by Jon Boyle)

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