Is the Stock Market Open on New Year’s Day 2027? ASX Hours
January 1, 2027
Is the Stock Market Open on New Year’s Day 2027? ASX Hours
Australian Securities Exchange are closed on Friday, for New Year's Day.
- Next holiday
- Australia Day, January 26, 2027
- 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 Friday, January 1, 2027 for New Year’s Day, a nationwide public holiday in Australia. No equities, options or futures trade on the ASX that day, and the closing prices from the last trading session of 2026 stand until markets reopen. Any orders queued for January 1 will instead be processed on the next trading day, and settlement of trades made in the preceding week rolls forward accordingly. For the full run of dates, see the ASX holiday calendar.
Because January 1 falls on a Friday in 2027, Australian investors face a long weekend with no domestic trading from Thursday’s close until Monday, January 4, when normal trading hours resume. This is the first of eight scheduled closures or early closes on the ASX calendar for 2027.
Which markets are closed on New Year’s Day 2027?
| Market | Status | Notes |
|---|---|---|
| ASX cash equities | Closed | No trading session, no closing auction |
| ASX 24 (futures and options) | Closed | Derivatives trading suspended for the holiday |
| Australian bond market | Closed | Follows the ASX public holiday schedule |
| New York Stock Exchange and Nasdaq | Closed | US markets also observe New Year’s Day on January 1, 2027 |
| London Stock Exchange (LSE) | Closed | UK observes New Year’s Day as a bank holiday |
| Euronext (Paris, Amsterdam, Brussels) | Closed | European exchanges close for New Year’s Day |
| Tokyo Stock Exchange (TSE) | Closed | Japan observes an extended New Year holiday period |
| Cryptocurrency exchanges | Open (24/7) | Bitcoin, Ether and other crypto markets trade continuously with no holiday closures |
Because New Year’s Day is one of the few genuinely global market holidays, most major exchanges close simultaneously, unlike holidays such as Labor Day or the King’s Birthday, which are country-specific.
Is the market open the day before and after?
The last trading session of 2026 falls on Thursday, December 31, 2026, which is scheduled as an early close on the ASX, with trading ending around 2:10 pm local time rather than the usual 4:00 pm close, according to the ASX trading calendar. The ASX then remains closed on January 1, 2027, and resumes full trading hours of 10:00 am to 4:00 pm AEST/AEDT on Monday, January 4, 2027. There is no early close scheduled for the day the market reopens.
Investors placing orders on Thursday, December 31 should note the shortened session, since the closing auction and settlement cut-off times shift earlier than usual. Orders entered after the early close, or on the New Year’s Day holiday itself, will queue for execution when the market reopens on January 4.
Why do markets close for New Year’s Day?
New Year’s Day has been observed as a public holiday in Australia since federation, marking the start of the calendar year and giving workers, including those in financial services, a statutory day off. The ASX aligns its trading calendar with national public holidays so that banks, clearing houses and brokers across the country can close together, avoiding the operational risk of a market trading while support staff and settlement systems are unavailable.
This pattern is common internationally. Nearly every major exchange, from London to New York to Tokyo, closes for New Year’s Day, making it one of the few dates when global equity trading effectively pauses everywhere at once.
What It Means for Your Money
If you hold Australian shares through a broker or superannuation fund, nothing changes in your account balance on January 1: prices are simply frozen at Thursday’s closing level until Monday’s session. Any buy or sell orders you submit on the holiday will sit in a queue and execute at Monday’s opening prices, not at whatever level you expected on New Year’s Day itself.
Settlement, which is when cash and shares actually change hands after a trade, follows a T+1 cycle in Australia (trade date plus one business day). A trade executed on the last day of 2026 will settle on the next business day, factoring in the holiday closure, so funds may take an extra day to clear compared with a normal week.
Dividend payments and options expiry dates that would otherwise fall on January 1 shift to the next business day, meaning shareholders due a payout should expect it on or after January 4. Bank transfers and BPAY payments in Australia are typically unaffected by the ASX closure itself, though staffing at some financial institutions may be reduced over the public holiday. Cryptocurrency markets are the exception: Bitcoin, Ether and other digital assets continue trading around the clock, including on New Year’s Day, since crypto exchanges never close for public holidays.
For anyone with pension or superannuation contributions tied to market pricing, the frozen valuation on January 1 has no lasting effect: unit prices simply catch up once trading resumes.
Remaining ASX holidays in 2027
- Australia Day, January 26, 2027 (closed)
- Good Friday, March 26, 2027 (closed)
- Easter Monday, March 29, 2027 (closed)
- King’s Birthday, June 14, 2027 (closed)
- Christmas Eve, December 24, 2027 (early close, trading ends around 2:10 pm)
- Christmas Day (substitute), December 27, 2027 (closed)
- Boxing Day (substitute), December 28, 2027 (closed)
- New Year’s Eve, December 31, 2027 (early close, trading ends around 2:10 pm)
The next scheduled closure after New Year’s Day 2027 is Australia Day, January 26, 2027.
Frequently Asked Questions
Is the stock market open on New Year’s Day 2027?
No. The ASX is closed on Friday, January 1, 2027, along with the New York Stock Exchange, Nasdaq, the London Stock Exchange and most other major global exchanges.
Is the bond market open on New Year’s Day?
No. The Australian bond market follows the ASX public holiday schedule and does not trade on January 1, 2027.
What time does the ASX close before the holiday?
The ASX has an early close on Thursday, December 31, 2026, with trading ending around 2:10 pm local time instead of the usual 4:00 pm.
When is the next ASX market holiday after New Year’s Day?
The next scheduled closure is Australia Day on January 26, 2027.
Are Australian banks open on New Year’s Day?
No. New Year’s Day is a national public holiday in Australia, and most banks are closed, though online and mobile banking services generally remain available.