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Trading Holidays on SEM

Monday Jan. 02, 2023 Day After New Year
Tuesday Jan. 03, 2023 Day After New Year
Wednesday Feb. 01, 2023 Abolition of Slavery
Saturday Apr. 22, 2023 Ugaadi
Monday May 01, 2023 Labour Day
Wednesday Sep 20, 2023 Ganesh Chaturthi
Wednesday Nov. 01, 2023 All Saints Day
Thursday Nov. 02, 2023 Arrival of indentured Labourers
Sunday Dec 24, 2023 Christmas Eve
Monday Dec 25, 2023 Christmas

Stock Exchange of Mauritius SEM Holidays 2023

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What investors need to know about holidays on SEM Exchange

The Stock Exchange of Mauritius (SEM) is an important financial institution that plays a pivotal role in the country’s economy. As with any stock exchange, the SEM observes certain holidays during which trading activities are suspended. These holidays allow market participants to take a break, while also providing time for crucial administrative tasks and maintenance. This article aims to highlight the holidays observed by the SEM in 2023 and discuss their impact on trading and investors.

SEM Holidays in 2023

The Stock Exchange of Mauritius has a predefined schedule for observing holidays. In 2023, the SEM will be closed on the following days:

  1. New Year’s Day: January 2nd, 2023 (observed as a public holiday)
  2. Thaipoosam Cavadee: January 19th, 2023 (religious holiday)
  3. Abolition of Slavery: February 1st, 2023 (public holiday)
  4. Maha Shivaratri: February 14th, 2023 (religious holiday)
  5. National Day: March 12th, 2023 (public holiday)
  6. Ougadi: April 2nd, 2023 (religious holiday)
  7. Labour Day: May 1st, 2023 (public holiday)
  8. Arrival of Indentured Labourers: November 2nd, 2023 (public holiday)
  9. Diwali: November 11th, 2023 (religious holiday)
  10. Christmas: December 25th, 2023 (public holiday)

Impact on Trading and Investors

The holidays observed by the SEM have a direct impact on trading activities and investors’ engagement. On these non-trading days, the stock exchange is closed, meaning that investors cannot buy or sell shares, bonds, or other financial instruments listed on the SEM. Consequently, trading volumes and liquidity are significantly reduced during these periods.

For traders and investors, it is crucial to plan their investment strategies and adjust their portfolios accordingly, taking into consideration the days when the SEM will be closed. They need to consider the potential impact of market closures on the timing of their transactions and make arrangements in advance to ensure their financial objectives are met.

Furthermore, the holidays provide an opportunity for investors to reflect on their investment performance and assess the market trends. They can review their investment portfolios, analyze market data, and refine their strategies to align with their long-term goals.

During the holiday season, it is also important for investors to stay informed about global economic and financial news that may impact the market upon reopening. Significant developments in international markets can influence investor sentiment and trigger fluctuations in stock prices when trading resumes.

sem trading holidays in 2023