Trading Holidays on SGX
DAY | DATE | HOLIDAY |
Monday | Jan. 02, 2023 | New Year’s Day Holiday |
Monday | Jan. 23, 2023 | Chinese New Year |
Tuesday | Jan. 24, 2023 | 2nd day of Chinese New Year |
Friday | Apr. 07, 2023 | Good Friday |
Monday | May 01, 2023 | Labour Day |
Friday | Jun 02, 2023 | Vesak Day |
Thursday | Jun 29, 2023 | Hari Raya Haji |
Wednesday | Aug. 09, 2023 | National Day |
Monday | Nov. 13, 2023 | Deepavali / Diwali |
Monday | Dec 25, 2023 | Christmas Day |
Singapore Exchange SGX Holidays 2023
What investors need to know about holidays on SGX Exchange
The Singapore Exchange (SGX) is a leading financial institution that serves as a hub for trading securities, derivatives, and commodities. As with any stock exchange, the SGX observes certain holidays throughout the year when trading activities are suspended. These holidays provide participants with necessary breaks, allow for administrative tasks, and ensure the smooth functioning of the exchange. This article aims to highlight the holidays observed by the Singapore Exchange in 2023 and discuss their impact on trading and investors.
SGX Holidays in 2023
The Singapore Exchange follows a predefined holiday schedule. In 2023, the SGX will be closed on the following days:
- New Year’s Day: January 1st, 2023 (public holiday).
- Chinese New Year: January 30th – 31st, 2023 (public holiday).
- Good Friday: April 14th, 2023 (public holiday).
- Hari Raya Puasa: April 19th, 2023 (public holiday).
- Labor Day: May 1st, 2023 (public holiday).
- Hari Raya Haji: May 29th, 2023 (public holiday).
- National Day: August 9th, 2023 (public holiday).
- Deepavali: November 5th, 2023 (public holiday).
- Christmas Day: December 25th, 2023 (public holiday).
Impact on Trading and Investors
The holidays observed by the Singapore Exchange have a direct impact on trading activities and investor engagement. On these non-trading days, the exchange is closed, and investors cannot buy or sell securities listed on the SGX. As a result, trading volumes and liquidity experience a significant decline during these periods.
For traders and investors, it is crucial to consider the SGX holiday schedule when planning their investment strategies and managing their portfolios. Being aware of market closures allows investors to adjust their trading activities and timing of transactions accordingly. It is advisable to plan ahead and execute trades either before or after these holidays to avoid any potential disruptions.
Furthermore, the holiday breaks provide an opportunity for investors to review their investment portfolios, analyze market trends, and make informed decisions. This self-reflection allows investors to adjust their strategies, rebalance their portfolios, and align their investments with their long-term goals.
During the holiday season, it is important for investors to stay informed about global economic and financial news that may impact the market upon reopening. Significant events or developments during this period can influence investor sentiment and trigger market fluctuations when trading resumes.