Prime minister Anthony Albanese declared on Sunday that Thursday 22 September will be a one-off public holiday as a memorial for the recently passed Queen Elizabeth II.
In response, there is some consternation in the business community about the impacts of a day off at such short notice.
Similarly the big question for readers of The Motley Fool will be whether the ASX will be open for trade that day.
The ASX is sorting it out
An ASX Ltd (ASX: ASX) spokesperson told The Motley Fool that an official announcement about 22 September will be coming soon.
“ASX is ordinarily closed on national public holidays. We expect that to be the case on the 22nd too,” said the spokesperson.
“However, given the circumstances of this public holiday, there are some logistic and technical matters that we’re working through at the moment, including with customers, before we can confirm.”
Like many retail and hospitality businesses trying to work out the legal and payroll consequences of a public holiday declared only 11 days in advance, the ASX is apparently also scrambling.
The Motley Fool will update this article as soon as official confirmation comes either way.
More to come.
The post Will the ASX open for trade on the Queen’s memorial public holiday? appeared first on The Motley Fool Australia.
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More reading
- 5 things to watch on the ASX 200 on Thursday
- Reason for hope as ‘worst month of the year’ starts off badly
- 6% dividend boost in FY22 yet ASX share price slides today
Motley Fool contributor Tony Yoo has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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