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    Home»Smart Reads»Smart Look At The Week Ahead: Its Christmas
    Smart Reads

    Smart Look At The Week Ahead: Its Christmas

    David KuoBy David KuoDecember 21, 2019Updated:July 8, 20202 Mins Read
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    It’s the holiday season, which means that many markets around the world will be closed for Christmas and the New Year.

    The Singapore Exchange will be open for half a day, from 9am to 12 pm, on Christmas Eve. It will be closed on Christmas Day.

    Boxing Day and the day after Boxing Day will be normal trading days, but I doubt if anyone will be in the mood for doing any serious trading before the weekend.

    The Singapore Exchange reopens on Monday 30 December before a half day of trading on New Year’s Eve. The market is closed on New Year’s Day.

    Over in Malaysia, Bursa Malaysia is closed on Christmas Day and New Year’s Day. Otherwise, it will be business as usual.

    The Hong Kong Stock Exchange will be closed on Christmas Day, Boxing Day and New Year’s Day.

    In the US, both the New York Stock Exchange and Nasdaq will end trading at 1pm. The London Stock Exchange will close at 12:30pm on Christmas Eve and will remain closed up to 27 December.

    It has been a great year to own shares, provided we had stayed invested and ignored the noise….

    …. So, let’s raise a glass to the central bankers around the world who have done whatever has been necessary to keep global growth on an even keel in the face of incessant meddling by “you know who”.

    Have a great Christmas!

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    None of the information in this article can be constituted as financial, investment, or other professional advice. It is only intended to provide education. Speak with a professional before making important decisions about your money, your professional life, or even your personal life. Disclosure: David Kuo does not own shares in any of the companies mentioned.

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