London Stock Exchange to close for day of Queen's funeral

death-of-britains-queen-elizabeth-ii
London Stock Exchange To Close For Day Of Queen's Funeral
Markets in Australia and New Zealand will also close, but not until days after the funeral has been held. Photo: PA Images
Share this article

August Graham, PA Business Reporter

Trading terminals in London will not operate on Monday as several markets around the world prepare to mark the death of Britain's Queen Elizabeth.

The London Stock Exchange will not trade at all on the day of the funeral, while markets in other Commonwealth countries also plan to mark her death by closing for public holidays in the coming days.

Advertisement

The London markets, including the FTSE 100 and associated trading indexes, have operated every day since the queen’s death was announced after closing on Thursday, September 8th, including opening and closing at the usual times the following day.

The London Stock Exchange Group said last week: “We are deeply saddened at the passing of Her Majesty Queen Elizabeth II.

“Our sympathies and condolences are with the royal family.”

The stock exchange normally closes for bank holidays and weekends.

Advertisement

It said: “On the day of the funeral of Her Majesty The Queen, the London Stock Exchange would be closed for trading.

“It is to remain open for trading as usual during the official period of mourning.

“More information on our business days is available via our website.”

Many other businesses have decided to close for some or all of the funeral day, although they are not required to do so.

Advertisement

In Canada, where the queen was head of state, the government has declared Monday a federal holiday to mark the funeral, but the Toronto Stock Exchange will continue to trade as normal, it announced.

In Australia, Monday will be a normal working day, but Australian prime minister Anthony Albanese has announced that Australians will get a public holiday on Thursday, September 22nd.

On that day Sydney’s Australian Securities Exchange will be closed.

New Zealand’s bank holiday is not until Monday, September 26th. The New Zealand’s exchange will close that day.

Advertisement

Read More

Message submitting... Thank you for waiting.

Want us to email you top stories each lunch time?

Download our Apps
© BreakingNews.ie 2024, developed by Square1 and powered by PublisherPlus.com