Market Holidays on SEM 2024
- New Year’s Day – January 1, 2024 (Sunday)
- Thaipoosam Cavadee – January 23, 2024 (Tuesday)
- Maha Shivaratree – February 19, 2024 (Monday)
- Abolition of Slavery – February 1, 2024 (Thursday)
- Ugaadi – April 12, 2024 (Friday)
- Labour Day – May 1, 2024 (Wednesday)
- Eid-ul-Fitr – May 6, 2024 (Monday)
- Assumption of the Blessed Virgin Mary – August 15, 2024 (Thursday)
- Diwali – October 25, 2024 (Friday)
- Arrival of Indentured Labourers – November 2, 2024 (Saturday)
- Christmas Day – December 25, 2024 (Wednesday)
Stock Exchange of Mauritius SEM Holidays 2024
Unlocking Stock Exchange of Mauritius (SEM) Holidays 2024
The Stock Exchange of Mauritius (SEM) is a vital financial institution serving as the primary platform for trading equities, bonds, and other securities in Mauritius. Understanding the holiday schedule of SEM for 2024 is crucial for investors, traders, and businesses navigating the Mauritian market effectively.
Introduction to Stock Exchange of Mauritius (SEM)
Established in 1989, the Stock Exchange of Mauritius plays a pivotal role in facilitating capital formation and investment opportunities in the country. SEM provides a transparent and regulated marketplace for investors and companies to trade securities, contributing to the development of Mauritius’ financial sector. The exchange operates with a commitment to integrity, transparency, and innovation, ensuring a fair and orderly trading environment.
Significance of SEM Holidays
SEM holidays mark days when trading activities on the exchange are suspended. These holidays, typically aligned with national, cultural, or religious observances in Mauritius, provide market participants with valuable time to rest, reflect, and plan. Understanding the SEM holiday schedule is crucial for investors and traders to adjust their trading strategies, manage risks, and ensure compliance with regulatory requirements.
SEM Holidays 2024
Understanding the holiday schedule of the Stock Exchange of Mauritius (SEM) for 2024 is crucial for investors and traders seeking to engage with the Mauritian market. By acknowledging these holidays and their implications, market participants can effectively plan their trading activities, manage risks, and capitalize on opportunities. SEM remains a cornerstone of Mauritius’ financial landscape, providing investors with access to investment opportunities and contributing to the country’s economic growth.
What investors need to know about public holidays on the SEM stock exchange
The Stock Exchange of Mauritius (SEM) is an important financial institution that plays a central role in the country’s economy. Like any stock exchange, SEM observes certain public holidays when trading activities are suspended. These holidays allow market participants to rest while providing time for important administrative tasks and maintenance work. This article highlights SEM’s public holidays in 2024 and discusses their impact on trading and investors.
Impact on trading and investors
The SEM holidays have a direct impact on trading activity and investor engagement. On these non-trading days, the exchange is closed, which means that investors cannot buy or sell shares, bonds or other financial instruments listed on the SEM. As a result, trading volumes and liquidity are significantly reduced during these periods.
It is crucial for traders and investors to plan their investment strategies and adjust their portfolios accordingly, taking into account the days when the SEM will be closed. They need to consider the potential impact of the market closures on the timing of their transactions and make arrangements in advance to ensure their financial goals are met.
In addition, the holidays provide an opportunity for investors to reflect on their investment performance and assess market trends. They can review their investment portfolios, analyze market data and refine their strategies to align them with their long-term goals.
During the vacation season, it is also important for investors to keep abreast of global economic and financial news that could impact the market when it reopens. Significant developments in international markets can affect investor sentiment and cause share prices to fluctuate when trading resumes.
Stock Exchange of Mauritius Holidays 2024
The Stock Exchange of Mauritius (SEM), a vital financial institution in the Indian Ocean region, observes specific holidays when trading activities are suspended. As investors and traders, understanding these non-trading days is crucial for planning investment strategies. Let’s explore the SEM holidays for 2024:
Regular Non-Trading Days
On regular non-trading days, the SEM remains closed. Mark these dates on your calendar:
- New Year’s Day: January 1, 2024
- Thaipoosam Cavadee: January 25, 2024
- Abolition of Slavery: February 1, 2024
- Maha Shivaratree: March 8, 2024
- Independence and Republic Day: March 12, 2024
- Ugaadi: April 9, 2024
- Eid-Ul-Fitr: April 10, 2024 (The exact day of this festival is subject to confirmation as its celebration depends on the visibility of the moon)
- Labour Day: May 1, 2024
- Assumption of the Blessed Virgin Mary: August 15, 2024
- Divali: October 31, 2024
- Christmas: December 25, 2024
Half Trading Days
On half trading days, the SEM operates with adjusted hours. Here’s the schedule for these days:
- Eid-Ul-Fitr: April 10, 2024:
- Pre-Open: 08:00 – 09:00
- Continuous Trading: 09:00 – 12:00
- Post-Open: 12:00 – 13:20
Regular Trading Hours
During regular trading days, the SEM opens from 10:00 AM to 2:30 PM (Mauritius Time, +04). Remember that weekends (Saturday and Sunday) are non-trading days.
As you plan your investment activities, keep these dates in mind. Whether you’re a seasoned trader or a newcomer, understanding the SEM trading schedule ensures informed decision-making. Happy investing! 📈🌟
For more details, visit the official Stock Exchange of Mauritius website.
