Trading Holidays on SET
DAY | DATE | HOLIDAY |
Monday | Jan. 02, 2023 | New Year’s Day Holiday |
Monday | Mar 06, 2023 | Makha Bucha Day |
Thursday | Apr. 06, 2023 | Chakri Day |
Thursday | Apr. 13, 2023 | Songkran Festival |
Friday | Apr. 14, 2023 | Songkran Festival |
Monday | May 01, 2023 | Labor Day |
Thursday | May 04, 2023 | Coronation Day |
Monday | Jun 05, 2023 | The Queen’s Birthday |
Tuesday | Aug. 01, 2023 | Asarnha Bucha Day |
Friday | Oct 13, 2023 | King Bhumibol Adulyadej The Great Memorial Day |
Monday | Oct 23, 2023 | Chulalongkorn Day |
Tuesday | Dec 05, 2023 | The King’s Birthday |
Monday | Dec 11, 2023 | Constitution Day |
Stock Exchange of Thailand SET Holidays 2023
What investors need to know about holidays on SET Exchange
The Stock Exchange of Thailand (SET) is a key player in the country’s financial landscape, providing a platform for buying and selling securities. Like any other stock exchange, the SET observes certain holidays during which trading activities are halted. These holidays allow market participants to take a break, facilitate administrative tasks, and maintain the exchange’s operations. This article aims to outline the holidays observed by the SET in 2023 and discuss their impact on trading and investors.
SET Holidays in 2023
The Stock Exchange of Thailand adheres to a predefined schedule of holidays. In 2023, the SET will be closed on the following days:
- New Year’s Day: January 2nd, 2023 (observed as a public holiday).
- Makha Bucha Day: February 10th, 2023 (religious holiday).
- Chakri Memorial Day: April 6th, 2023 (public holiday).
- Songkran Festival: April 13th – 17th, 2023 (public holiday).
- Labor Day: May 1st, 2023 (public holiday).
- Visakha Bucha Day: June 7th, 2023 (religious holiday).
- Asalha Bucha Day: July 6th, 2023 (religious holiday).
- Khao Phansa Day: August 2nd, 2023 (religious holiday).
- Queen Sirikit’s Birthday: August 12th, 2023 (public holiday).
- Chulalongkorn Day: October 23rd, 2023 (public holiday).
- King Bhumibol Adulyadej Memorial Day: October 26th, 2023 (public holiday).
- Loy Krathong Day: November 13th, 2023 (public holiday).
- Constitution Day: December 10th, 2023 (public holiday).
- New Year’s Eve: December 29th, 2023 (public holiday).
Impact on Trading and Investors
The holidays observed by the SET have a direct impact on trading activities and the engagement of investors. On these non-trading days, the stock exchange is closed, meaning that investors cannot trade stocks, bonds, or other securities listed on the SET. Consequently, trading volumes and liquidity experience a significant decline during these periods.
For traders and investors, it is crucial to consider the SET’s holiday schedule while planning their investment strategies and managing their portfolios. Being aware of the market closures allows investors to adjust their trading activities, timing their transactions accordingly. It is advisable to plan ahead and execute trades before or after these holidays to avoid disruptions.
The holiday breaks also provide an opportunity for investors to evaluate their investment positions, review market trends, and analyze their portfolio performance. This self-reflection can help investors refine their strategies, rebalance their portfolios, and make informed decisions for achieving long-term financial goals.
During the holiday season, investors should stay updated on significant economic and financial news globally, as such developments can impact market sentiments and lead to market fluctuations when trading resumes.