Market Holidays on SET 2024
- New Year’s Day – January 1, 2024 (Sunday)
- Makha Bucha Day – February 21, 2024 (Wednesday)
- Chakri Memorial Day – April 6, 2024 (Saturday)
- Songkran Festival – April 13-15, 2024 (Friday to Sunday)
- Labour Day – May 1, 2024 (Wednesday)
- Visakha Bucha Day – May 24, 2024 (Friday)
- Asalha Bucha Day – July 12, 2024 (Friday)
- Her Majesty the Queen’s Birthday – August 12, 2024 (Monday)
- Chulalongkorn Day – October 23, 2024 (Wednesday)
- Loy Krathong Day – November 16, 2024 (Saturday)
- King Bhumibol Memorial Day – December 5, 2024 (Thursday)
- Constitution Day – December 10, 2024 (Tuesday)
- New Year’s Eve – December 31, 2024 (Tuesday)
Stock Exchange of Thailand SET Holidays 2024
What investors need to know about holidays on SET Exchange
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 2024 and discuss their 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.
Unlocking Stock Exchange of Thailand (SET) Holidays 2024
The Stock Exchange of Thailand (SET) serves as a crucial hub for trading equities, bonds, and other financial instruments in Thailand. Understanding the holiday schedule of SET for 2024 is essential for investors, traders, and businesses aiming to navigate the Thai market effectively.
Overview of Stock Exchange of Thailand (SET)
Established in 1975, the Stock Exchange of Thailand has played a pivotal role in Thailand’s economic development, providing a platform for capital formation and investment opportunities. SET is known for its commitment to transparency, efficiency, and investor protection, attracting both domestic and international investors.
Significance of SET Holidays
SET holidays mark days when trading activities on the exchange are suspended. These holidays, often aligned with national, religious, or cultural observances, provide market participants with valuable time to pause, reflect, and recharge. Understanding the SET holiday schedule is crucial for investors and traders to plan their trading strategies effectively, manage risks, and ensure compliance with regulatory requirements.
SET Holidays 2024
The holiday schedule of the Stock Exchange of Thailand (SET) for 2024 is crucial for investors and traders looking to engage with the Thai market. By recognizing these holidays and their implications, market participants can effectively plan their trading activities, manage risks, and seize opportunities. SET remains a vital institution in Thailand’s financial landscape, providing investors with access to diverse investment opportunities and contributing to the country’s economic growth. Staying informed about SET holidays is integral to navigating the Thai market successfully.
Stock Exchange of Thailand (SET) Holidays 2024
The Stock Exchange of Thailand (SET), a pivotal financial institution in Southeast Asia, observes several holidays throughout the year. These holidays significantly impact trading schedules and provide investors with essential information for strategic planning. Let’s explore the key holidays for the SET in 2024:
Official Holidays
- New Year’s Day (January 1, 2024): The SET will be closed on New Year’s Day.
- Day After New Year’s Day (January 2, 2024): The SET remains closed on this day.
- Makha Bucha Day (February 19, 2024): A Buddhist holiday commemorating the spontaneous gathering of 1,250 monks to listen to Buddha’s teachings.
- Chakri Memorial Day (April 6, 2024): Honoring the founding of the Chakri Dynasty.
- Songkran Festival (April 13-15, 2024): The Thai New Year celebration. The SET will be closed during this period.
- Coronation Day (May 6, 2024): Commemorating the coronation of King Maha Vajiralongkorn.
- Visakha Bucha Day (May 27, 2024): A significant Buddhist observance.
- Asalha Bucha Day (July 16, 2024): Marking the first sermon by Lord Buddha.
- Buddhist Lent Day (July 17, 2024): The beginning of the three-month Buddhist Lent.
- Queen Sirikit’s Birthday (August 12, 2024): Celebrating the Queen Mother’s birthday.
- Chulalongkorn Day (October 23, 2024): Honoring King Chulalongkorn (Rama V).
- King Bhumibol Memorial Day (October 13, 2024): Remembering the late King Bhumibol Adulyadej.
- King Bhumibol’s Birthday (December 5, 2024): Celebrating the birthday of King Bhumibol Adulyadej.
- Constitution Day (December 10, 2024): Commemorating the adoption of Thailand’s first permanent constitution.
Trading Schedule
- If an official holiday coincides with a weekend day:
- If it falls on a single weekend day, the following working day becomes an official holiday.
- If two consecutive official holidays fall on a weekend, they are compensated on the next working day.
- In case of two coinciding official holidays, the following working day compensates for one of them.
Stay informed about the SET’s holiday calendar to make informed investment decisions.
