London’s trading terminals will be closed on Monday as several markets around the world prepare to commemorate the Queen’s death.
The London Stock Exchange will not trade at all on the day of the monarch’s funeral, while markets in other Commonwealth countries also plan to mark his death by closing for public holidays in the coming days.
London markets, including the FTSE 100 and associated trading indices, have traded every day since the Queen’s death was announced after the close on Thursday 8 September, including opening and closing at regular hours of the next day
The London Stock Exchange Group said last week: “We are deeply saddened by the passing of Her Majesty Queen Elizabeth II.
“Our condolences and sympathies are with the royal family.”
The stock market is normally closed on holidays and weekends.
He said: “On the day of Her Majesty the Queen’s funeral, the London Stock Exchange would be closed for trading.
“It will remain open for business as usual during the official period of mourning.
“More information about our working days is available through our website.”
Many other businesses have decided to close for part or all of the day of the funeral, although they are not required to do so.
In Canada, where the queen was head of state, the government has declared Monday a federal holiday to commemorate the funeral, but the Toronto Stock Exchange will continue trading as normal, it announced.
In Australia, Monday will be a normal working day, but Prime Minister Anthony Albanese has announced that Australians will have a public holiday on Thursday, September 22.
The Australian Stock Exchange in Sydney will be closed on that day.
The New Zealand bank holiday isn’t until Monday 26 September. The New Zealand stock market will close today.
