Asian Markets Face Fragmented Holiday Week
Multiple Asian exchanges, including Taiwan, China, Hong Kong, and India, will close on different days from September 28 to October 2 for national holidays
Asian markets face a fragmented holiday week with multiple exchange closures impacting trading activity from September 28 to October 2. Several major exchanges will remain shut on different days due to national and regional holidays, creating a holiday-shortened trading week.
The Taiwan Stock Exchange will remain closed on Monday, September 28, for Teacher’s Day. It will reopen on Tuesday, September 29. This follows a closure on September 25 for the Mid-Autumn Festival, making the September 28 holiday the fourth session with no trades with a weekend in between. Taiwan trades from 6:30 am to 11 am IST.
China’s Shanghai and Shenzhen Stock Exchanges will be closed on October 1 and October 2 for National Day. The Shanghai Stock Exchange will remain closed from October 1 through October 7, with trading resuming on October 8. It normally operates from 7:00 AM to 12:30 PM IST on Monday through Friday.
Hong Kong Stock Exchange will be closed on October 1 for National Day. Trading in the Hang Seng will resume on October 2. The Hang Seng Index operates from 7:00 AM to 1:30 PM IST from Monday through Friday.
India’s National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will remain closed on October 2 for Mahatma Gandhi Jayanti. This gives Indian equities a three-day trading break around the weekend.
Recent Performance
Asian markets showed mixed gains on Friday ahead of the holiday period. Domestic equity markets in India ended higher, rebounding from the previous session’s sharp decline. The Nifty 50 ended at 23,140.50, advancing 77.40 points or 0.34%. The BSE Sensex settled 315.20 points, or 0.43%, higher at 73,895.74.
Other regional indices also moved. Japan’s Nikkei 225 climbed 1.22% to finish at 66,320. Singapore’s Straits Times index gained 0.49% to close at 5,711. In contrast, Hong Kong’s Hang Seng fell 1.21% to end at 24,465. Markets in Taiwan and South Korea remained shut for a holiday on Friday.
Market Implications
The clustering of holidays across Asian markets may lead to lower participation in some regional sessions. The approaching holiday period could affect trading activity and investor positioning ahead of the longer market closure in places like mainland China.
Investors should track global developments carefully, particularly on days when one or more major regional exchanges are closed. Pranati Deva noted the importance of staying updated, saying: "Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint."
Trading in the Hang Seng will resume on October 2.
