Openings, closures, holidays, timetables, the time has come to look ahead and prepare for the year to come.
Having archived 2019 with a record increase for Piazza Affari, it is time to think about 2020. A year of challenges and uncertainties both for Milan and for all the other continental and international lists. Between the agreement on tariffs, Brexit and uncertainties regarding economic growth, the new year is already starting with important appointments that could strongly influence the performance of the stock market, even if the prospects for the next 12 months nonetheless remain encouraging.
According to Alessandro Fugnoli, Kairos' stretegist, too 2020 will start like 2019 ended, i.e. with a green sign for all the main global price lists. The reason is soon to be said. “The main factor” that prompted the purchases “that is the monetary policy, will not change even if the GDP accelerates again”. “As for the corporate profits - explains the analyst - a modest recovery is expected, as well as for the trend ofglobal economy. These three factors indicate that the market should hold the positions it has acquired and perhaps improve them further in the coming months".
Given the expectations, the number of investors who intend to better prepare for the new year by organizing their own strategy is increasingly high. To do this, it is also necessary to take a careful look at the calendar, paying attention to the opening and closing dates of Piazza Affari and any changes foreseen on the traditional trading hours.
ITALIAN STOCK EXCHANGE 2020: ALL DATES ON WHICH IT WILL BE CLOSED
- every Saturday;
- Every Sunday;
- Wednesday 1 January (New Year);
- Friday 10 April (Good Friday);
- Monday 13 April (Easter Monday);
- Friday 1 May (Workers' Day)
- Thursday 24 December (Christmas Eve)
- Friday 25 December (Christmas);
- Saturday 26 December (Boxing Day);
- Thursday 31 December (San Silvestro);
ITALIAN STOCK EXCHANGE 2020: AFTER HOURS
Strong consideration should be given to the changes that on some dates will concern the After Hours of the Borsa Equity MTF multilateral trading system. In this case the closures will concern the following sessions:
- Thursday 2, Friday 3 and Monday 6 January;
- Thursday 9 and Thursday 30 April;
- Monday 1 and Tuesday 2 June;
- Monday 3, Tuesday 4, Wednesday 5, Thursday 6, Friday 7, Monday 10, Tuesday 11, Wednesday 12, Thursday 13, Friday 14, Monday 17, Tuesday 18, Wednesday 19, Thursday 20, Friday 21, Monday 24, Tuesday 25 , Wednesday 26, Thursday 27, Friday 28 and Monday 31 August;
- Monday 7, Tuesday 8, Wednesday 23, Monday 28, Tuesday 29, Wednesday 30 December.
