Trading Holidays on BC
|Wednesday||Jan. 11, 2023||Independence Manifesto Day|
|Monday||May 01, 2023||Labour Day|
|Thursday||Jun 29, 2023||Eid al-Adha|
|Friday||Jun 30, 2023||Eid al-Adha|
|Wednesday||Jul 19, 2023||Islamic New Year|
|Monday||Aug. 14, 2023||Oued Ed-Dahab Day|
|Monday||Aug. 21, 2023||Youth Day|
|Thursday||Sep 28, 2023||Prophet Muhammad’s Birthday|
|Friday||Sep 29, 2023||Prophet Muhammad’s Birthday|
|Monday||Nov. 06, 2023||Green March Day|
Bourse de Casablanca BC Holidays 2023
What investors need to know about holidays on BC Exchange
Bourse de Casablanca (BC) is the main stock exchange in Morocco. It provides a platform for trading stocks, bonds, and other securities. Investors who are interested in investing in the Moroccan market can do so through BC. As with any other stock exchange, BC has certain days on which it remains closed, such as holidays.
The BC holiday schedule for 2023 has been announced, and investors should be aware of the dates. The BC will be closed on the following days:
- New Year’s Day: Sunday, January 1st
- Labor Day: Monday, May 1st
- Eid Al Fitr: From Thursday, May 25th to Saturday, May 27th
- Throne Day: Thursday, July 30th
- Eid Al Adha: From Sunday, August 13th to Tuesday, August 15th
- Anniversary of the Revolution of the King and the People: Thursday, August 17th
- Islamic New Year: Thursday, September 21st
- Independence Day: Thursday, November 16th
- Green March: Thursday, November 30th
- Prophet’s Birthday: Thursday, December 7th
- Christmas Day: Monday, December 25th
On these days, BC will not be open for trading, and investors will have to wait until the next business day to execute their trades. Therefore, it is essential for investors to plan their trades and investment decisions accordingly.
It is important to note that BC follows the same holiday schedule as the Moroccan government. However, BC may also choose to close on additional days for maintenance or other operational reasons. In such cases, investors will be informed in advance.
Investors who trade in foreign securities should also be aware of the holiday schedules of the exchanges where these securities are traded. If the exchange is closed, then the trading of the securities will also be halted, and investors will not be able to execute their trades.
In conclusion, the BC holiday schedule for 2023 has been announced, and investors should take note of the dates. They should plan their trades and investment decisions accordingly and keep themselves informed of any additional closures or operational issues that may arise. By staying informed and planning ahead, investors can ensure that they make the most of their investment opportunities in the Moroccan market.