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The supermarkets are full of chocolate bunnies and the daffodils are in full bloom — it can only mean one thing: the Easter holidays are just around the corner.
It also means investors can forget about jittery markets for a while, as European stock exchanges will close for a four-day spring break. Volumes are expected to be thinner than usual in the final sessions before the holidays, which could mean extra volatility in the financial markets.
Here’s an overview of when the region’s major stock exchanges stop trading around the holiday weekend.
|Index||Maundy Thursday*||Good Friday||Easter Monday|
|U.K.’s FTSE 100 index UKX, -0.13%||Open||Closed||Closed|
|Germany’s DAX 30 index DAX, +0.09%||Open||Closed||Closed|
|France’s CAC 40 index PX1, +0.23%||Open||Closed||Closed|
|Spain’s IBEX 35 index IBEX, -0.14%||Open||Closed||Closed|
|Italy’s FTSE MIB I945, -0.33%||Open||Closed||Closed|
|* Only the Danish, Icelandic and Norwegian exchanges are closed on Maundy Thursday|
European bond markets will also be closed on Good Friday and Easter Monday.
U.S. stock markets are only closed on Friday and will trade as usual on Monday, although volumes are expected to be lower than normal.