Market Holidays on KRX 2024
| DAY | DATE | HOLIDAY |
| Monday | Jan. 01, 2024 | New Year’s Day |
| Friday | Feb. 09, 2024 | Korean New Year / Seolnal |
| Monday | Feb. 12, 2024 | Korean New Year Holiday |
| Friday | Mar 01, 2024 | Independence Movement Day |
| Sunday | May 05, 2024 | Children’s Day |
| Monday | May 06, 2024 | Children’s Day Holiday |
| Thursday | Jun 06, 2024 | Memorial Day |
| Thursday | Aug. 15, 2024 | Liberation Day |
| Monday | Sep 16, 2024 | Chuseok (Harvest Festival) |
| Tuesday | Sep 17, 2024 | Chuseok Holiday |
| Wednesday | Sep 18, 2024 | Chuseok Holiday |
| Thursday | Oct 03, 2024 | National Foundation Day |
| Wednesday | Oct 09, 2024 | Hangul Day |
| Wednesday | Dec 25, 2024 | Christmas Day |
| Tuesday | Dec 31, 2024 | New Year’s Day Holiday |
Korea Exchange KRX Holidays 2024
Korea Exchange (KRX) Holidays 2024
The Korea Exchange (KRX) plays a crucial role in South Korea’s financial landscape. As we delve into 2024, let’s explore the KRX’s holiday calendar for the year.
Overview of KRX
The KRX is the main stock exchange in South Korea, encompassing both the KOSPI (Korea Composite Stock Price Index) and the KOSDAQ (Korean Securities Dealers Automated Quotations). Here are some key points about the KRX:
- Market Diversity: The KRX hosts a wide range of financial instruments, including stocks, bonds, derivatives, and ETFs.
- Trading Hours: Regular trading hours are from 9:00 AM to 3:30 PM KST (Korean Standard Time) on business days.
- Market Holidays: On designated holidays, the KRX remains closed for trading.
What investors need to know about holidays on KRX Exchange
The Korea Exchange (KRX) is a cornerstone of South Korea’s financial infrastructure, serving as the primary platform for trading equities, bonds, derivatives, and other financial instruments. Understanding the holiday schedule of KRX for 2024 is essential for investors, traders, and businesses aiming to navigate the South Korean market effectively.
Overview of Korea Exchange (KRX)
Established in 2005 through the merger of the Korea Stock Exchange, Korea Futures Exchange, and KOSDAQ Stock Market, the Korea Exchange has become a leading financial marketplace in Asia. With its advanced technology infrastructure, robust regulatory framework, and diverse product offerings, KRX plays a pivotal role in facilitating capital formation, price discovery, and risk management in South Korea’s capital markets.
Significance of KRX Holidays
KRX holidays mark days when trading activities on the exchange are suspended. These holidays, often aligned with national, religious, or cultural observances, provide market participants with valuable time to pause, reflect, and recharge. Understanding the KRX holiday schedule is crucial for investors and traders to plan their trading strategies effectively, manage risks, and ensure compliance with regulatory requirements.
KRX Holidays 2024
Here’s the list of KRX market holidays for 2024:
- New Year’s Day: January 1, 2024 (Monday)
- Lunar New Year’s Eve: February 9, 2024 (Friday)
- Lunar New Year Additional Holiday: February 12, 2024 (Monday)
- Independence Movement Day: March 1, 2024 (Thursday)
- Parliamentary Election Day: April 10, 2024 (Wednesday)
- Labour Day: May 1, 2024 (Tuesday)
- Children’s Day (OBS): May 6, 2024 (Sunday)
- Buddha’s Birthday: May 15, 2024 (Wednesday)
- Memorial Day: June 6, 2024 (Thursday)
- Constitution Day: July 17, 2024 (Monday)
- **Chuseok (Harvest Festival)****: September 16-18, 2024 (Monday-Wednesday)
- National Foundation Day: October 3, 2024 (Thursday)
- Hangul Day: October 9, 2024 (Wednesday)
- Christmas Day: December 25, 2024 (Wednesday)
Please note that trading is suspended on these holidays, so investors and traders should plan their activities accordingly.
Stock Market Holidays KRX 2024
Understanding the holiday schedule of the Korea Exchange (KRX) for 2024 is crucial for investors and traders looking to engage with the South Korean market. By recognizing these holidays and their implications, market participants can effectively plan their trading activities, manage risks, and seize opportunities. KRX remains a vital institution in South Korea’s financial landscape, providing investors with access to diverse investment opportunities and contributing to the country’s economic growth. Staying informed about KRX holidays is integral to navigating the South Korean market successfully.
As investors navigate the KRX in 2024, understanding the holiday schedule is essential. Whether you’re monitoring stocks, bonds, or other financial instruments, may the KRX bring prosperity and opportunity throughout the year! 📈🇰🇷
