Trading Stocks During the Seven Days of Mourning

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Question

Is it permissible to trade stocks during the seven days of mourning?

Answer

It is permissible to sell stocks through others if there is a concern that not selling now will result in a loss of capital (i.e., asking someone who is not in mourning and not a family member to perform the sale on your behalf). However, stocks that, if not sold now, will yield less profit, are prohibited from being sold during the days of mourning.

It is prohibited to buy stocks unless it is a one-time opportunity to purchase a stock that can be bought now but will not be available after the days of mourning, in which case it is permitted.

Source

Shulchan Aruch, Yoreh De'ah, Siman 380, Se'if 6: "His merchandise, in a case of loss, if not sold, will lose capital, may be sold by others; but if he will not lose capital, but if sold now, will profit more than if sold later, it is forbidden. Nevertheless, if caravans or ships have arrived, or they are about to leave, and they sell cheaply or buy expensively, it is permitted to sell and buy through others, even not for his own use, but to trade for profit."

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