Ann: Celsius Dual-Lists on the Namibian Stock Exchange, page-19

Hi guys

Just in case this helps anybody else out I looked into trading hours.

The Namibian stock exchange trades from 9 to 5 central African time

source: http://nsx.com.na/?page_id=266

Central African time is +2 hours from UTC.

As you all know the ASX trades from 10 to 4pm Sydney time which is + 10 ( unless daylight savings UTC11 ) so the Australian ASX will always be 8 or 9 hours ahead of our new Namibian friends.

So there will not be any overlap between the 2 exchanges for trading hours except for possibly an hour during daylight savings.

If your a trader or watching CLA closing I think it would pay to keep a close eye on the African trading prior to opening of the ASX particularly the first few months of listing.

Maybe this was obvious to most already but i thought there must be at least one person out there wondering the same thing.

cheers all