If you’re wondering whether Australia’s stock market is open on 25 December 2025 (Christmas Day), the answer is straightforward: no.
The Australian Securities Exchange (ASX)—the main venue most people mean when they say “the Australian stock market”—is closed on Thursday, 25 December 2025. It’s a non-trading day and also a non-business day, meaning there is no settlement activity through ASX Settlement (CHESS) or ASX Clear on the day. [1]
That closure matters more than it might sound, because it comes right after a shortened “Christmas Eve” session and sets up a multi-day pause in domestic equity trading.
Is the ASX open on 25.12.2025?
No. The ASX is closed on Christmas Day (Thursday, 25 December 2025). [2]
ASX’s official trading calendar lists:
- Wednesday, 24 December 2025: Last business day before Christmas Day — CLOSE EARLY [3]
- Thursday, 25 December 2025 (Christmas Day): CLOSED (no settlement) [4]
- Friday, 26 December 2025 (Boxing Day): CLOSED (no settlement) [5]
For investors, the key takeaway is that you cannot trade ASX-listed shares on 25 December, and completed trades do not settle on that day. [6]
What time did the ASX close on Christmas Eve, 24 December 2025?
Because Christmas Day falls on Thursday this year, the final local session before the holiday is Wednesday, 24 December 2025, and it’s shortened.
ASX’s trading calendar notes that on the last business day before Christmas, normal trading ceases at 14:10 (Sydney time)—that is 2:10pm. [7]
ASX also published a dedicated operational notice for the Christmas/New Year period confirming the shortened day structure, including that the Closing Single Price Auction (CSPA) for cash markets occurs at roughly 14:10 on the shortened trading days. [8]
In practical terms: Christmas Eve is not a full ASX trading day in 2025—it ends early, and liquidity is typically thin.
When does the ASX reopen after Christmas Day 2025?
With Christmas Day (Dec 25) and Boxing Day (Dec 26) both market holidays, and the weekend immediately following, the next ASX cash equities session is:
- Monday, 29 December 2025 [9]
ABC’s market live coverage on 24 December 2025 explicitly referenced the market returning next Monday (December 29) after the four-day shutdown. [10]
What about Cboe Australia (Chi‑X) and other Australian equity venues?
Alongside ASX, many Australian shares can also be traded on Cboe Australia (the alternative equities venue historically associated with Chi‑X).
Cboe’s published 2025 Australian Holiday Schedule also flags:
- Dec 24 as an early close day
- Dec 25 (Christmas Day) and Dec 26 (Boxing Day) as holidays [11]
Bottom line: the main Australian equities venues align around Christmas Day being a market holiday, so investors should expect Australia-wide equity trading to be effectively paused on 25 December 2025. [12]
Latest news from 24.12.2025: How did the ASX finish before the Christmas shutdown?
Because the market is closed on Christmas Day, the most recent “live” pricing for many investors is the Christmas Eve close (24 December 2025)—and coverage on the day focused on a familiar theme for holiday trade: lighter volumes, an early finish, and sharper moves in a handful of sectors and stocks.
ASX 200 ended lower in the shortened Christmas Eve session
Australia’s benchmark ASX 200 finished the session down about 0.4%, shedding roughly 33 points to around 8,763, according to ABC’s market coverage. [13]
ABC reported the pullback happened heading into a four-day trading shutdown, with most sectors weaker and only mining showing relative resilience thanks to strength in key commodities. [14]
Morningstar’s “Market Report” (carried with AAP) similarly described an abridged session in which the S&P/ASX 200 fell 0.38% to 8,762.7, even though the index still logged a solid gain across the shortened holiday week. [15]
Banks and healthcare weighed; mining and commodity-linked names provided support
Across the 24 December reporting, the market story was consistent:
- Financials/banks were a drag, with the major banks lower on the day. [16]
- Healthcare underperformed, with large names cited among the key weights on the index. [17]
- Mining/materials held up better, supported by strong commodity pricing and record-strength moves in copper-related narratives. [18]
Morningstar’s report highlighted gold and copper strength in particular, noting gold at a fresh peak in US-dollar terms and copper trading at record levels, which helped support pockets of the local resources complex even as the broader market dipped. [19]
The Australian dollar pushed higher into the break
Another headline from 24 December coverage: the Australian dollar firmed to around the 67 US cent level in the lead-in to the holiday closure, according to both ABC and Morningstar reporting. [20]
Currency moves matter for Australian investors because they can influence offshore earnings translations, commodity pricing dynamics, and global risk appetite signals—especially when local trading is about to pause.
Standout company moves reported on 24 December 2025
Holiday sessions often concentrate attention on a smaller set of notable movers. Morningstar’s report (with AAP) flagged several corporate stories that stood out in the final session before Christmas, including:
- Treasury Wine Estates jumping after news of a significant phased investment interest (as described in the report) [21]
- Monash IVF falling sharply after a takeover bid was withdrawn [22]
- Seven West Media rising before entering a trading halt late in the session, with deal-related context noted in the report [23]
These types of single-stock moves can look amplified on an early-close day because liquidity is thinner and traders are positioning ahead of multiple market holidays.
What investors can and can’t do while the Australian stock market is closed on 25 December
Even though the ASX is shut, investors still have options—and constraints:
What you can do
- Review positions and risk: with no local trading, it’s a natural time to reassess allocations and catalysts ahead of the year-end stretch.
- Monitor offshore markets: global leads can still develop while Australia is closed, influencing the tone for Monday, 29 December. [24]
- Track AUD and commodities: both were major themes on 24 December, and they often remain active even when local shares aren’t. [25]
What you can’t do
- Trade ASX-listed shares on 25 December 2025 (no continuous trading, no closing auction). [26]
- Settle equity trades on 25 December 2025, because it’s also a non-business day for settlement and clearing. [27]
Some brokers may still allow you to place orders during the holiday, but those orders generally won’t execute until the market reopens (and exact handling depends on broker systems and order types).
The takeaway for 25.12.2025
- The Australian stock market (ASX) is not open on 25 December 2025. [28]
- The market closed early on 24 December (with normal trading ceasing around 2:10pm Sydney time) and reopens Monday, 29 December 2025. [29]
- The final session before Christmas saw the ASX 200 finish lower, with banks and healthcare weighing and resources providing relative support, while the Australian dollar firmed into the break. [30]
For anyone checking prices today: the last “live” close for Australian equities was set on Christmas Eve (24 December 2025), and the next local price discovery arrives when the ASX reopens on Monday. [31]
References
1. www.asx.com.au, 2. www.asx.com.au, 3. www.asx.com.au, 4. www.asx.com.au, 5. www.asx.com.au, 6. www.asx.com.au, 7. www.asx.com.au, 8. asxonline.com, 9. www.abc.net.au, 10. www.abc.net.au, 11. www.cboe.com, 12. www.cboe.com, 13. www.abc.net.au, 14. www.abc.net.au, 15. www.morningstar.com.au, 16. www.abc.net.au, 17. www.abc.net.au, 18. www.abc.net.au, 19. www.morningstar.com.au, 20. www.abc.net.au, 21. www.morningstar.com.au, 22. www.morningstar.com.au, 23. www.morningstar.com.au, 24. www.abc.net.au, 25. www.morningstar.com.au, 26. www.asx.com.au, 27. www.asx.com.au, 28. www.asx.com.au, 29. www.asx.com.au, 30. www.abc.net.au, 31. www.abc.net.au
