Are you interested in trading stocks in Dubai? One of the most important things to know is the trading hours of the stock market. In this article, we will discuss what time the stock market opens in Dubai and provide you with all the information you need to plan your trading activities.
Stock Market Trading Hours
Dubai has its own stock exchange called the Dubai Financial Market (DFM). The DFM operates from Sunday to Thursday. The trading hours are as follows:
- Sunday to Thursday: 10:00 AM to 2:00 PM
This means that on these days, you can buy or sell stocks on the DFM between 10:00 AM and 2:00 PM local time in Dubai.
Lunch Break
It’s important to note that there is a lunch break during the trading hours. The lunch break typically lasts for one hour, from 12:30 PM to 1:30 PM. During this time, the market is closed, and you cannot trade stocks.
Extended Hours
In addition to regular trading hours, there are also extended hours available for certain types of securities on the DFM. These extended hours are known as pre-opening and post-closing sessions.
- Pre-Opening Session: This session starts at 9:30 AM and ends at 10:00 AM. During this session, orders can be placed, modified, or canceled.
- Post-Closing Session: This session starts at 2:00 PM and ends at 2:10 PM. It allows participants to place closing orders and adjust their positions.
It’s important to note that not all securities are available for trading during the extended hours. The availability of extended hours trading depends on the specific security.
Conclusion
In conclusion, the stock market in Dubai, specifically the Dubai Financial Market (DFM), opens at 10:00 AM and closes at 2:00 PM from Sunday to Thursday. There is a one-hour lunch break from 12:30 PM to 1:30 PM, during which the market is closed. Additionally, there are extended hours available for certain securities with pre-opening and post-closing sessions.
Knowing the trading hours of the stock market is crucial for anyone looking to trade stocks in Dubai. By understanding these hours, you can plan your trading activities effectively and take advantage of market opportunities.