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Trading Holidays on EGX

DAY DATE HOLIDAY
Sunday Jan. 08, 2023 Coptic Christmas
Wednesday Jan. 25, 2023 Revolution Day January 25
Sunday Apr. 16, 2023 Coptic Easter Monday
Tuesday Apr. 25, 2023 Sinai Liberation Day
Monday May 01, 2023 Labor Day
Tuesday Jun 27, 2023 Arafat Day
Wednesday Jun 28, 2023 Eid al-Adha
Thursday Jun 29, 2023 Eid al-Adha Day 2
Wednesday Jul 19, 2023 Muharram
Sunday Jul 23, 2023 Revolution Day
Wednesday Sep 27, 2023 Mawlid An-Nabi

Egyptian Exchange EGX Holidays 2023


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What investors need to know about holidays on EGX Exchange

The Egyptian Exchange (EGX) is the primary securities exchange in Egypt, based in the capital city of Cairo. The EGX is the hub of the Egyptian financial market and serves as a platform for the trading of stocks, bonds, and other securities. As with any stock exchange, the EGX has a set of holidays when trading is closed. In this article, we will discuss the Egyptian Exchange EGX Holidays for 2023.

The EGX is closed on all weekends, which are Friday and Saturday. Apart from the weekends, there are several holidays throughout the year when the EGX remains closed. These holidays include both public and stock exchange-specific holidays.

The first holiday in 2023 will be the New Year’s Day, which falls on January 1st. The EGX will remain closed on this day, and there will be no trading activity. The next holiday will be the Coptic Christmas on January 7th. The Coptic Christmas is a significant religious festival in Egypt, and the EGX will remain closed on this day.

The next holiday will be the Sinai Liberation Day on April 25th. This day commemorates the withdrawal of Israeli forces from Sinai in 1982. The EGX will remain closed on this day, and there will be no trading activity. Following this, the Labor Day or May Day on May 1st will also be observed as a holiday, and the EGX will remain closed.

The next holiday will be the Eid al-Fitr, one of the most important religious festivals in Egypt. The dates for Eid al-Fitr will be announced later, but typically the EGX remains closed for three days during this festival. The next holiday will be the July 23rd Revolution Day on July 23rd. This day marks the 1952 overthrow of the Egyptian monarchy and the establishment of the Republic of Egypt. The EGX will remain closed on this day, and there will be no trading activity.

The next holiday will be the Islamic New Year on August 31st. This day marks the first day of the Islamic calendar, and the EGX will remain closed on this day. Following this, the Eid al-Adha, another significant religious festival in Egypt, will be celebrated on different dates, depending on the appearance of the moon. Typically, the EGX remains closed for three days during Eid al-Adha, and the dates will be announced later.

The next holiday will be the Prophet’s Birthday on November 10th. This day commemorates the birth of the Prophet Muhammad, and the EGX will remain closed on this day. The final holiday of the year will be Christmas on December 25th. The EGX will remain closed on this day, and there will be no trading activity.

In conclusion, the Egyptian Exchange (EGX) has a set of holidays when trading is closed. These holidays include both public and stock exchange-specific holidays. As an investor, it is essential to keep track of these holidays to plan your investment strategy accordingly. The above dates are based on the information available at the time of writing this article and are subject to change.

egx trading holidays in 2023

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