Kenyan shares fall in correction after Supreme Court verdict bounce

Kenya’s main share indices dropped on Thursday, as profit-taking broke a bounce that followed the upholding of President Uhuru Kenyatta’s re-election by the Supreme Court, traders said.

The benchmark NSE-20 share index of blue chip shares slipped 0.33 percent, while the all-share index, fell 2.48 percent, the Nairobi Securities Exchange said.

The NSE-20 has rallied 2.9 percent since Monday’s verdict, while the all-share index has surged 5.5 percent in the wake of the ruling.