"Shares, equity funds and equity-linked derivatives will resume trading on Tuesday and Wednesday, before heading into the Iranian weekend. Operations will be extended by one hour to provide a bigger window to the top firms that will be disclosing important information after sustaining damages during the war, as well as those that held shareholder meetings during the stoppage."
"The stock market, isolated from global indexes as a result of Western sanctions, had remained shut since February 28, when the US and Israel launched missile attacks on Tehran and other parts of the country. Securities and Exchange Organization (SEO) deputy Hamid Yari told state media earlier this week that the move was aimed at protecting investors' assets, preventing emotional behaviours, and creating conditions for trade in the market with more accurate and transparent information."
"While the closure may have initially prevented disorderly panic selling, it also trapped portfolios, accumulated pressure on anxious investors to sell, and created a growing credibility problem for the capital market. TEDPIX, the main index of the Tehran Stock Exchange, had reached an all-time high of nearly 4.5 million points at the start of 2026, but it plummeted after thousands were killed during nationwide protests that peaked on January 8 and 9, followed by a 20-day state-imposed internet shutdown."
The Tehran Stock Exchange is set to reopen after an 80-day closure caused by war-related attacks involving the United States and Israel. Trading in shares, equity funds, and equity-linked derivatives will resume for two days, with extended hours to give major firms time to disclose information and hold shareholder meetings after sustaining war damages. The exchange has been isolated from global indexes due to Western sanctions. The Securities and Exchange Organization says the closure was intended to protect investors’ assets, prevent emotional behavior, and enable trading with more accurate and transparent information. The shutdown initially reduced panic selling but trapped portfolios, increased pressure to sell, and worsened credibility. The main index TEDPIX had reached nearly 4.5 million points early in 2026, then fell after nationwide protests, an internet shutdown, and renewed war fears.
Read at www.aljazeera.com
Unable to calculate read time
Collection
[
|
...
]