Market Holidays on SGX 2024
| DAY | DATE | HOLIDAY |
| Monday | Jan. 01, 2024 | New Year’s Day Holiday |
| Saturday | Feb. 10, 2024 | Chinese New Year |
| Sunday | Feb. 11, 2024 | 2nd day of Chinese New Year |
| Friday | Mar 29, 2024 | Good Friday |
| Wednesday | Apr. 10, 2024 | Hari Raya Puasa |
| Wednesday | May 01, 2024 | Labour Day |
| Wednesday | May 22, 2024 | Vesak Day |
| Monday | Jun 17, 2024 | Hari Raya Haji |
| Friday | Aug. 9, 2024 | National Day |
| Thursday | Oct 31, 2024 | Deepavali / Diwali |
| Wednesday | Dec 25, 2024 | Christmas Day |
Singapore Exchange SGX Holidays 2024
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 2024 and discuss their 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.
Singapore Exchange (SGX) Holidays 2024
As investors immerse themselves in the vibrant financial landscape of Singapore, understanding the trading calendar of the Singapore Exchange (SGX) is essential for effective planning and decision-making. The SGX stands as a cornerstone of Southeast Asia’s economy, offering a gateway for local and international investors to engage with Singapore’s diverse markets. In this comprehensive guide, we’ll delve into the SGX holidays for the year 2024, providing insights into the dates when trading activities pause.
Singapore Exchange requires a thorough understanding of the trading calendar, including holidays when the exchange pauses operations. By familiarizing themselves with the SGX holidays for 2024, investors and traders can effectively plan their strategies and manage their portfolios. These holidays not only reflect Singapore’s multicultural fabric but also underscore the SGX’s role as a vital hub for global investment and economic growth. As participants engage with the SGX, they contribute to Singapore’s position as a leading financial center in the Asia-Pacific region, driving innovation, prosperity, and opportunity.
Singapore Stock Exchange (SGX) Holidays 2024
The Singapore Stock Exchange (SGX), a prominent 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 SGX in 2024:
Official Holidays
- New Year’s Day (January 1, 2024): The SGX will be closed on New Year’s Day.
- Day After New Year’s Day (January 2, 2024): The SGX 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 SGX 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 SGX’s holiday calendar to make informed investment decisions.
Happy investing!
