Trading Holidays on TASE
DAY | DATE | HOLIDAY |
Tuesday | Mar 07, 2023 | Purim |
Wednesday | Mar 08, 2023 | Shushan Purim |
Wednesday | Apr. 05, 2023 | Passover Eve |
Thursday | Apr. 06, 2023 | Passover – First Day |
Tuesday | Apr. 11, 2023 | Second Passover |
Wednesday | Apr. 12, 2023 | Passover – Final Day |
Tuesday | Apr. 25, 2023 | Yom HaZikaron |
Wednesday | Apr. 26, 2023 | Yom HaAtzma’ut |
Thursday | May 25, 2023 | Shavuot (1st day) |
Friday | May 26, 2023 | Shavuot |
Thursday | Jul 27, 2023 | The 17th of Tammuz |
Friday | Sep 15, 2023 | Rosh HaShana Starts |
Sunday | Sep 17, 2023 | Rosh HaShana Ends |
Monday | Sep 25, 2023 | Yom Kippur |
Friday | Sep 29, 2023 | Sukkot Starts |
Friday | Oct 06, 2023 | Shmini Atzeret |
Tel Aviv Stock Exchange TASE Holidays 2023
What investors need to know about holidays on TASE Exchange
The Tel Aviv Stock Exchange (TASE) serves as the main securities exchange in Israel, facilitating the trading of various financial instruments. Similar to other stock exchanges, TASE observes designated holidays throughout the year when trading activities are suspended. These holidays provide participants with essential breaks, allow for administrative tasks, and ensure the smooth functioning of the exchange. This article aims to outline the holidays observed by the Tel Aviv Stock Exchange in 2023 and discuss their impact on trading and investors.
TASE Holidays in 2023
TASE follows a predetermined holiday schedule. In 2023, the Tel Aviv Stock Exchange will be closed on the following days:
- New Year’s Day: January 1st, 2023 (public holiday).
- Purim: March 14th, 2023 (public holiday).
- Passover: April 10th – 18th, 2023 (public holiday).
- Memorial Day: April 30th, 2023 (public holiday).
- Independence Day: May 1st, 2023 (public holiday).
- Shavuot: June 7th – 8th, 2023 (public holiday).
- Tisha B’Av: July 25th, 2023 (public holiday).
- Rosh Hashanah: September 21st – 22nd, 2023 (public holiday).
- Yom Kippur: September 30th, 2023 (public holiday).
- Sukkot: October 5th – 11th, 2023 (public holiday).
- Simchat Torah: October 12th, 2023 (public holiday).
Impact on Trading and Investors
The holidays observed by the Tel Aviv Stock Exchange have a direct impact on trading activities and investor engagement. On these non-trading days, TASE is closed, and investors cannot buy or sell securities listed on the exchange. Consequently, trading volumes and liquidity experience a significant decline during these periods.
For traders and investors, it is crucial to consider the holiday schedule of TASE when planning investment strategies and managing portfolios. Being aware of market closures allows investors to adjust their trading activities and timing of transactions accordingly. It is advisable to plan ahead and execute trades either before or after these holidays to avoid any potential disruptions.
Additionally, the holiday breaks provide an opportunity for investors to review their investment portfolios, analyze market trends, and make informed decisions. This self-reflection enables investors to adjust strategies, rebalance portfolios, and align investments with long-term goals.
During the holiday season, it is important for investors to stay informed about global economic and financial news that may impact the market upon reopening. Significant events or developments during this period can influence investor sentiment and trigger market fluctuations when trading resumes.