NZX
29/10/2012 17:13
GENERAL
REL: 1713 HRS NZX Limited
GENERAL: NZX: Trading Hours Update
NZX advises shorter market hours for Christmas, New Year 2012
29 October 2012 - NZX is pleased to advise that, following feedback from
market participants, NZX Securities Markets will move to shorter trading days
on Christmas Eve, Monday 24 December and New Year's Eve, Monday 31 December
2012.
NZX Securities Markets will close at 1.00pm and revised abbreviated trading
hours will apply on those days.
"Christmas Eve is traditionally a day of relatively low markets activity
because people are either already on holiday or preparing for their Christmas
break," said NZX CEO Tim Bennett.
"Given both holiday eves fall on a Monday this year, we wanted to allow for
more flexibility and choice amongst market participants to finish work early
without disadvantaging our listed companies and investors," said Bennett.
ENDS
NZX contact:
Rowan Macrae
Email: [email protected]
End CA:00228990 For:NZX Type:GENERAL Time:2012-10-29 17:13:19
Price at posting:
$1.27 Sentiment: None Disclosure: Held
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