The ASX stock market is not open today, here’s why

Wondering why the market isn’t open today, here’s why…

| More on:
person shrugging holding a sign saying closed.

Image Source: Getty Images

Were you met with the disappointment of the ASX stock market not being open today, wondering why Monday had robbed you of the trading excitement? You’re not alone… But don’t fret, tomorrow is Tuesday and the ASX will be open!

For those wondering why the ASX is closed today – the Queen’s Birthday public holiday is the reason. Every state and territory in Australia, except Western Australia and Queensland, gets the day off.

Because the Australian Stock Exchange is in New South Wales it operates on that states calendar.

To avoid unsuspecting disappointment in the future, here’s the ASX calendar for 2021:

When is the ASX open?

As per the trading calendar supplied by the ASX, trading is open every weekday except the following:

Public Holiday Dates for 2021 Trading Day

Queen’s Birthday

Monday 14 June

CLOSED

Last Business Day before Christmas Day

Friday 24 December

CLOSE EARLY

Christmas Day

Monday 27 December

CLOSED

Boxing Day

Tuesday 28 December

CLOSED

Last Business Day of the Year

Friday 31 December

CLOSE EARLY

Where is the ASX currently?

The S&P/ASX 200 Index (ASX: XJO) finished Friday up 0.23% at 7,312.3 points. The benchmark index is now up up 22.68% over the past year.

Tomorrow the ASX will be open!

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of May 24th 2021

More on Share Market News