Lagos, Nigeria – E don set, my people! As July 4 dey waka come, make you abeg note say stock market no go open that day for Independence Day. Na holiday, my guy! So no be say your stocks go dey dance tango that Friday, July 4. Market go shut down tight, just like your paddy wey dey hide when e no wan pay bar bill.
No worry, bond traders too go enjoy that late-week rest. Na double wahala for them, as bond market too go dey close that Friday. Na only early close dey happen on Thursday, July 3; dem go close by 1 pm Eastern Time (2 pm Naija time). So, make you gather your groomsmen and prepare for your Independence Day jollof party!
As you dey chop your grilled chicken and chilled palm wine, investors dey feel optimistic going into second half of the year. All the main indexes just dey shine like new jollof rice for market, after dem close first half near record highs. Investors, get your mind ready to grab bread when dem start to make bread-winner moves.
That one wey dem carry come talk, Bellwether Wealth president and chief investment officer, e get sense! E talk say setup for second half go dey hot, liken am to Goldilocks. As in, trade deals dey happen, geopolitical tension don calm down, plus Federal Reserve dey sip on near-term interest rate cuts dem dey discuss.
Bellin self, no dey lie; e believe that AI matter go still dey rule market till year end. Abeg, make we no forget say stocks dey expensive now, but e gree say people suppose dey look out for pullbacks like small boy wey dey look for sugarcane on top tree.
For those wey dey wonder wetin be regular trading hours, na from 9:30 am to 4:00 pm Eastern Time (8:30 am to 3:00 pm Naija time) Monday to Friday, dem dey run the Stock Market and New York Stock Exchange (NYSE). No run come late, oh!
Oh! For those wey wan know the holiday schedule fit make dem plan well, e get all the stock and bond market holidays wey dey land for 2025. No forget say many bank holidays dey join, so if you need money for your jollification, make sure you plan ahead. Here be the full rundown:
1. January 1 – New Year’s Day: Closed, Closed
2. January 20 – Martin Luther King, Jr. Day: Closed, Closed
3. February 17 – Presidents’ Day: Closed, Closed
4. April 17 – Maundy Thursday: Open, Open
5. April 18 – Good Friday: Closed, Closed
6. May 26 – Memorial Day: Closed, Closed
7. June 19 – Juneteenth National Independence Day: Closed, Closed
8. July 3 – Day before Independence Day: Early close (1 pm), Early close (1 pm)
9. July 4 – Independence Day: Closed, Closed
10. September 1 – Labor Day: Closed, Closed
11. October 13 – Columbus Day: Open, Open
12. November 11 – Veterans Day: Open, Open
13. November 27 – Thanksgiving Day: Closed, Closed
14. December 24 – Christmas Eve: Early close (1 pm), Early close (1 pm)
15. December 25 – Christmas Day: Closed, Closed
16. December 31 – New Year’s Eve: Open, Open
So my people, make you prepare well as holiday season dey enter, no let your money chop dust! Plan smart, invest well, and chop life!