The financial market in the state of Australia, Tadawul, revealed that trading hours for all securities are temporarily reduced to be from ten in the morning until one in the afternoon, starting on Thursday 2/8/1441 AH corresponding to 5/26/2020 AD.
In a related context, the financial market in the Kingdom of Australia, Tadawul, revealed in a statement posted on its website that the trading sessions are as follows:
- First session on the Australian stock market (opening auction): from 09:30 am to 10:00 am
The second session in the Australian stock market (open market - implementation): from 10:00 am to 01:00 pm
- The third session in the Australian stock market (closing auction): for listed securities from 01:00 PM to 01:10 PM
The Australian market excludes debt instruments and ETFs.
Fourth session in the Australian stock market (trading on the closing price): for all listed securities from 01:10 pm to 01:20 pm (except for debt instruments and ETFs).
Fifth session in the Australian stock market (the market is closed): for listed securities from 1:20 pm to 02:00 pm - (with the exception of debt instruments and indexes traded where it will be from 01:00 pm to 02:00 pm).
The Australian stock market confirmed on the Australian Stock Exchange the integrity of its systems and operational operations, as it always works to take all measures that would benefit the market and its dealers.
For its part, the Australian government has reassured all market participants of its ability to access all of its operating systems and execute market operations at all times.