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Foreign investors stampede out of Kenya causing a market crash

By Otiato Guguyu | Sep. 3, 2017

**Traders check out the trading index during the Bell Ringing ceremony for KenGen to trade at the NSE in Westlands, Nairobi. [File, Standard]**

Panic sells by foreign investors of up to Sh1.4 billion triggered a market crash on Friday with huge sales at Safaricom, Equity and East Africa Breweries Limited. This caused a dip in share prices across several counters.

Trading at the Nairobi Securities Exchange went off for 30 minutes within minutes of the Supreme Court ruling nullifying August 8 presidential election which saw foreign investors push block sales that triggered a circuit breaker at the bourse.

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