Is the Stock Market Open on Boxing Day (Substitute) 2026? ASX Hours
December 28
Is the Stock Market Open on Boxing Day (Substitute) 2026? ASX Hours
Australian Securities Exchange are closed on Monday, for Boxing Day (Substitute).
- Next holiday
- New Year's Eve
- Regular hours
- 10:00 am to 4:00 pm AEST/AEDT
Full schedule and background: ASX Holidays.
Updated
The Australian Securities Exchange (ASX) is closed on Monday, December 28, 2026 for the Boxing Day (Substitute) public holiday. Boxing Day itself falls on Saturday, December 26, 2026, so the holiday is observed on the following Monday under standard New South Wales public holiday rules. Any orders placed on the ASX trading platform during the closure will queue and be processed when trading resumes on Tuesday, December 29, 2026. See the full run of dates on the ASX holiday calendar.
Regular ASX trading hours, when open, run from 10:00 am to 4:00 pm AEST/AEDT, with the closing auction extending to around 4:12 pm. There is no early close associated with this holiday: the exchange is fully shut for the session.
Which markets are closed on Boxing Day (Substitute) 2026?
| Market | Status | Notes |
|---|---|---|
| ASX cash equities | Closed | No trading, no closing auction on December 28, 2026 |
| ASX 24 (futures and options) | Closed | Day session unavailable; affects overnight options pricing |
| Australian bond market | Closed | Follows ASX public holiday schedule |
| New York Stock Exchange and Nasdaq | Open (regular hours) | US markets do not observe Australian public holidays |
| London Stock Exchange (LSE) | Open (regular hours) | No UK holiday on this date |
| Euronext | Open (regular hours) | No eurozone holiday on this date |
| Tokyo Stock Exchange (TSE) | Open (regular hours) | Japan’s year-end closure begins later, around December 31 |
Is the market open the day before and after?
The ASX traded regular hours on Friday, December 25, 2026, is closed for Christmas Day. It remains closed for Boxing Day on the Saturday and Sunday weekend, and then closed again on Monday, December 28, 2026 for the Boxing Day substitute holiday. Trading resumes as normal on Tuesday, December 29, 2026, with the usual 10:00 am to 4:00 pm AEST/AEDT session and no early close scheduled. The next early close on the ASX calendar is New Year’s Eve, December 31, 2026, when the market shuts at 2:10 pm local time ahead of the New Year holiday.
Why do markets close for Boxing Day?
Boxing Day, observed on December 26, is a long-standing public holiday across Australia and other Commonwealth countries, traditionally linked to charitable giving and post-Christmas gatherings. When a fixed public holiday falls on a weekend, Australian jurisdictions typically move the observance to the next available weekday so employees and businesses, including exchange staff, still receive the day off. That is why the ASX closes on Monday, December 28, 2026 rather than the calendar date itself.
What It Means for Your Money
If you have an order sitting with an Australian broker on December 28, it will simply wait in the queue and execute once the market reopens on December 29. Settlement, which in Australia works on a T+2 basis, will be pushed back by the number of closed days, so a trade settled around the holiday may land a day or two later than usual. Dividend payment dates and options expiries that would normally fall on the holiday are typically shifted to the next business day by the relevant company or clearing house. Australian bank transfers processed through the local clearing system may also be delayed over the long weekend, though international transfers and card payments are unaffected. Cryptocurrency markets, unlike the ASX, trade continuously and are not affected by this closure.
Remaining ASX holidays in 2026
- New Year’s Eve (Early Close), December 31, 2026: market closes early at 2:10 pm local time
Frequently Asked Questions
Is the stock market open on Boxing Day (Substitute) 2026?
No. The ASX is closed on Monday, December 28, 2026, because Boxing Day itself falls on a Saturday and the holiday is observed the following Monday.
Is the bond market open on this date?
No. The Australian bond market follows the ASX holiday schedule and is closed on December 28, 2026.
What time does the ASX close before the holiday?
There is no early close linked to this holiday. The ASX trades its normal 10:00 am to 4:00 pm AEST/AEDT session on the trading day before, Friday, December 25, being itself a holiday means the last full session before the break is Thursday, December 24, 2026.
When is the next ASX market holiday after this one?
The next scheduled market event is New Year’s Eve on December 31, 2026, when the ASX closes early at 2:10 pm local time.
Are Australian banks open on Boxing Day (Substitute) 2026?
Most Australian banks follow the same public holiday schedule as the ASX and are closed on December 28, 2026, though some digital banking services remain available online.