The silly season is upon us, complete with Christmas parties, perhaps too much food and drink, and of course, public holidays. Alas, that means the ASX won't be trading as usual during the holiday period.
If you're wondering which days a market watcher can relax and spend time with friends and family over the coming weeks without fear of missing out, you've come to the right place.
When will the ASX be open over the holiday period?
This year has truly flown by, if I do say so myself. We're now just days away from Christmas. That means the ASX will be shutting shop for a few upcoming sessions.
Fortunately, there's still plenty of time to complete any final ASX trades of the year. The market will be trading as normal for all of this week.
It will close at 4pm AEDT this Friday as many Aussie families prepare to herald Santa's arrival on Sunday morning. Here's a breakdown of ASX's operating hours over the upcoming holiday period:
Upcoming events | Date | Is the ASX open? | Operating hours (AEDT) |
Last business day before Christmas | Friday 23 December | Yes | 10am to 4pm |
Boxing Day | Monday 26 December | No | – |
Christmas Day public holiday | Tuesday 27 December | No | – |
ASX reopens after Christmas | Wednesday 28 December | Yes | 10am to 4pm |
Last business day of the year | Friday 30 December | Yes | 10am to 4pm |
New Year's Day public holiday | Monday 2 January | No | – |
First trading day of 2023 | Tuesday 3 January | Yes | 10am to 4pm |
As the above chart shows, the Boxing Day public holiday will follow Sunday's festivities. It falls on Monday 26 December.
The following day –Tuesday 27 December – the ASX will recognise the Christmas Day public holiday
Thus, the ASX won't reopen until Wednesday 28 December at 10am AEDT. It will then trade as normal for the remainder of next week before the official end of 2022.
New Year's Eve and New Year's Day will be celebrated next weekend. The ASX will close for the official New Year's Day public holiday on Monday 2 January.
The first ASX trade of 2023 will occur on Tuesday 3 January and the market will operate as normal once more.