prime minister scott morrison
prime minister scott morrison

The Australian Financial Market showed and announced the announced working hours for all securities from ten in the morning until one in the afternoon, starting today, 8/8/1441 AH, corresponding to 7/4/2020 AD.

In a related economic context, the Australian financial market revealed the continued working hours announced for all listed securities.

In this regard, the Australian financial market confirmed, in an official statement this morning, its ability to access all of its operating systems and implement market operations at all times and enable market participants to manage their business naturally.

On the other hand, an official source at the Australian Ministry of Interior revealed, yesterday evening, a 24-hour curfew in a number of Australian cities, including Sydney, Melbourne, Perth, Canberra and other cities.

At the moment, the market in Australia has recently decreased the trading hours of all listed securities temporarily, to start at ten in the morning and continue until one o'clock on Thursday, March 26.

At the time, the Australian financial market revealed in a statement posted on its website that the trading sessions are as follows:

The first session of the Australian share market (Opening Auction): from 09:30 am to 10:00 am

The second session on the Australian Stock Exchange (Open Market - Execution): 10:00 am to 01:00 pm

The third session on the Australian Stock Market (auction closing): for listed securities from 01:00 PM to 01:10 PM

The Australian share market excludes debt and ETFs.

Fourth session in the Australian stock market (trading at the closing price): for all listed securities from 01:10 pm to 01:20 pm (excluding debt instruments and ETFs).

Fifth session in the Australian stock market (the market is closed): for listed securities from 1:20 pm to 02:00 pm - (except for debt instruments and trading indicators, which will be from 01:00 pm to 02:00 pm).

The Australian stock market on the Australian Stock Exchange has confirmed the integrity of its systems and operations, always taking all measures that will benefit the market and its traders.

For its part, the Australian government assured all market participants of its ability to access all operating systems and execute market operations at all times.

On the other hand, an economic report revealed that the indicators at the present time confirm the cohesion of the Australian economy in light of the conditions that the economy suffers on the global level in light of the current global economic crisis due to the Corona virus, which is spreading in many countries of the world.

The latest report showed that Australian financial reserves are sufficient to cover Australian imports for a period of four years (47 months), and the growth came as a result of the continuous rise in demand deposits, which rose by 9.5% from February 2019, in addition to increasing time deposits by 6.6% on Yearly basis until February as well.

It is worth noting that the vital positive indicators at the moment within the UAE economy until the previous February, increased by 11.3% during the year, as banks ’liabilities on the public sector increased by 17.7% during the same period, while the new mortgage and loans provided by Banks increased by 142 percent. .