NSE extends trading hours after outage

The Nairobi Securities Exchange said it would extend trading to 5pm, from the usual 3pm, after it managed to resolve a technical hitch which stopped trading for most of the day.

The largest stock market in East Africa had earlier said a link to the central depository system, a back office which processes trades, had failed, leading to halting of all trading activities.

One market participant said trading had been unavailable for several hours during the day.