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View Full Version : Closing time for Aussie ShareMarket?



brettdale
19-05-2008, 05:38 PM
Isnt it 7pm New Zealand time, or has that changed????

shasta
19-05-2008, 05:39 PM
Isnt it 7pm New Zealand time, or has that changed????

Adjusted for daylight savings time, its now 6pm

drillfix
19-05-2008, 05:46 PM
Day light savings time is now over, or at least it was the last time I checked.

Ok, the time here now is 4:45PM the market closed 15 minutes ago.

Therefore, what time is it now where you are?? and there is your answer :D

brettdale
19-05-2008, 05:51 PM
Day light savings time is now over, or at least it was the last time I checked.

Ok, the time here now is 4:45PM the market closed 15 minutes ago.

Therefore, what time is it now where you are?? and there is your answer :D

hehehe its 650pm here, so im guessing its closed.

STRAT
19-05-2008, 05:51 PM
It closes at 6pm NZ time with the exception being our new extended daylight saving period ( couple of weeks longer than Aussie I think )

shasta
19-05-2008, 05:56 PM
It closes at 6pm NZ time with the exception being our new extended daylight saving period ( couple of weeks longer than Aussie I think )

Remembering that the NZX & ASX have different rules for matching up "market" orders in the time leading up to the market's close.

Thats why your ASX shares change despite the market supposedly being closed!

I notice how the SP's drop off EVERY DAY on the ASX, which is the very thing the NZX is trying to stop (ie, market manipulation) by closing at 4.45pm & matching up limit orders until 5pm.