What time marks the start of the closing auction for Blue chip, mid/small cap shares, secondary listing shares, sponsored foreign shares, and separate trading lines?

What time marks the start of the closing auction for Blue chip, mid/small cap shares, secondary listing shares, sponsored foreign shares, and separate trading lines?

• A. 17:15
• B. 17:20
• C. 17:25
• D. 17:30

Answer: (D)

The closing auction is the final price-discovery step at market close. For Blue chip, mid/small cap shares, secondary listing shares, sponsored foreign shares, and separate trading lines, this process begins at 17:30, when the closing price is established through the auction. Continuous trading ends at that moment, and the orders gathered for the closing auction help determine the official close for settlement and reference pricing. Times earlier than 17:30 relate to other market phases, not the start of the closing auction for these categories.

The closing auction is the final price-discovery step at market close. For Blue chip, mid/small cap shares, secondary listing shares, sponsored foreign shares, and separate trading lines, this process begins at 17:30, when the closing price is established through the auction. Continuous trading ends at that moment, and the orders gathered for the closing auction help determine the official close for settlement and reference pricing. Times earlier than 17:30 relate to other market phases, not the start of the closing auction for these categories.