The trading hours of the Official Market and the Development & Enterprise Market (DEM) will be extended by one hour starting from today 12th of June 2018, the Stock Exchange of Mauritius (SEM) said in a notice.
"Since the implementation of SEM’s Automated Trading System (SEMATS) in 2001, there has been a gradual extension of the trading hours of both markets to respond to market demand and to improve SEM’s services to both local and foreign investors. The proposed extension will enable foreign investors in different time zones to have extended real-time access to our platform, improve their trading opportunities and potentially enhance liquidity. It also constitutes an important step towards creating the conducive environment for full day trading in the near future, in line with the practice in developed markets", the bourse said.
The new Trading Schedule as from the 12th of June 2018, is as follows (GMT+4):
|
Trading Sessions |
Official Market & DEM |
Debt Board |
|
Pre-Opening |
9.00 a.m to 10.00 a.m |
- |
|
Opening |
10.00 a.m |
10.00 a.m |
|
Continuous |
10.00 a.m to 2.30 p.m |
10.00 a.m to 2.30 p.m |
|
Closing |
2.30 p.m |
2.30 p.m |
The publication of the daily Market Information Sheet for the Official Market and the DEM shall be at 3.45 p.m.
