Trading Holidays on BVG
|Monday||Jan. 02, 2023||New Year Holiday|
|Monday||Feb. 20, 2023||Carnival|
|Tuesday||Feb. 21, 2023||Carnival/Shrove Tuesday|
|Friday||Apr. 07, 2023||Good Friday|
|Monday||May 01, 2023||Labour Day|
|Friday||Aug. 11, 2023||National Day|
|Thursday||Nov. 02, 2023||All Souls’ Day|
|Friday||Nov. 03, 2023||Independence of Cuenca|
|Saturday||Dec 09, 2023||Independence of Guayaquil|
|Monday||Dec 25, 2023||Christmas|
Bolsa de Valores Guayaquil BVG Holidays 2023
What investors need to know about holidays on BVG Exchange
The Bolsa de Valores Guayaquil, also known as BVG, is the stock exchange located in the city of Guayaquil, Ecuador. It is one of the most important financial markets in the country and is open for trading on most weekdays throughout the year. However, like most stock exchanges around the world, the BVG has certain holidays where it is closed for trading. In this article, we will discuss the BVG holidays for the year 2023.
The BVG has announced that it will observe a total of 9 holidays in the year 2023. On these days, the stock exchange will be closed and there will be no trading activity. The holidays are as follows:
- New Year’s Day – Sunday, January 1, 2023
- Carnival Monday – Monday, February 27, 2023
- Good Friday – Friday, April 14, 2023
- Labor Day – Monday, May 1, 2023
- Battle of Pichincha – Tuesday, May 23, 2023
- Independence Day – Monday, August 14, 2023
- Guayaquil Independence Day – Friday, October 6, 2023
- All Saints’ Day – Wednesday, November 1, 2023
- Christmas Day – Monday, December 25, 2023
It is important to note that while these are the official BVG holidays, other events or unforeseen circumstances may also result in the closure of the stock exchange. In such cases, the BVG will issue a public announcement in advance.
Investors and traders who are active on the BVG should take note of these holidays and plan their trading activities accordingly. It is recommended that traders adjust their strategies and portfolios to account for the days when the stock exchange is closed. For example, traders may want to consider closing their positions ahead of the holiday or taking a break from trading altogether.
Furthermore, traders should also be aware of the impact that holidays in other countries may have on the BVG. The BVG is connected to other global markets, and if a major market is closed due to a holiday, it may affect trading activity on the BVG as well.
In conclusion, the BVG holidays for 2023 are an important consideration for investors and traders who are active on the stock exchange. By planning ahead and adjusting their strategies accordingly, traders can ensure that they are well-prepared for any potential disruptions in the market.