Political tension subdues trading at Nairobi bourse

Stockbrokers on the trading floor of the Nairobi Securities Exchange. FILE PHOTO | NMG

Trading at the Nairobi bourse on Wednesday plummeted to rock bottom as tension gripped the country in the wake of a contested outcome of Tuesday’s election, bringing economic activity across all sectors to a standstill.

Turnover slumped to Sh166.6 million as investors largely kept away from the market hoping for a speedy resolution of the election impasse, cutting trading volumes to a bare minimum.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.