Most governments close their stock markets on major holidays, and all the stock exchanges in that country are unavailable for trading on these days. Switzerland is no exception. Many of the Swiss stock market holidays coincide with major worldwide holidays, including Good Friday, Christmas, New Year's Eve and New Year's Day. Switzerland has a few more stock market holidays in addition to these.
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New Year's Day and Berchtoldstag
The first two days of the year are always observed in Switzerland. New Year's Day, Jan. 1, is observed if it falls on a weekday. The holiday of Berchtoldstag is observed Jan. 2 in Switzerland, though its celebration in other countries may be on a different day. If Jan. 2 falls on a weekday, the Swiss stock market is closed. Because New Year's Eve is also a Swiss stock exchange holiday, the Swiss stock market may be closed for up to three consecutive weekdays between Dec. 31 and Jan. 2 each year.
Good Friday and Easter Monday
While Good Friday, the Friday before Easter Sunday, is a common holiday in most countries, the following Monday is also observed in Switzerland. The Swiss stock market is always closed for a four-day weekend surrounding Easter each year.
The Christian holiday Ascension is publicly observed in Switzerland. This day represents the ascension of Jesus into heaven after his resurrection. The observed day of Ascension changes each year, but usually occurs in May or June. If Ascension falls on a weekday, the Swiss stock market will be closed.
Whit Monday is a Christian holiday observed in May or June each year, depending on the date of Easter. Switzerland observes this as a formal holiday. The Swiss stock market is closed on Whit Monday every year.
The Swiss celebrate Confederation Day, which observes the 13th-century founding of the Swiss Confederation. It has been celebrated since the 19th century. The holiday always falls on Aug. 1. The Swiss stock market is closed on Confederation Day if Aug. 1 is a weekday.
Dec. 25 is celebrated in many countries as Christmas. In Switzerland, the stock market is closed on this day if it falls on a weekday.
New Year's Eve
New Year's Eve, Dec. 31, is observed as a holiday if it falls on a weekday.
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