Iran Stock Exchange Reopens After 80-Day Closure
Iran’s stock market reopened on Tuesday after an 80-day closure, one of the longest shutdowns in its history, following a period of military conflict involving the United States and Israel. Trading resumed on the Tehran Stock Exchange after being suspended since February 28, when strikes on Iranian infrastructure triggered regional hostilities.
Authorities described the closure as a defensive measure to protect investors and prevent panic-driven sell-offs amid the uncertainty of war. Hamid Yari, deputy supervisor at Iran’s Securities and Exchange Organization, stated the suspension was aimed at safeguarding shareholder assets and allowing for more transparent pricing conditions. Trading has now fully resumed across all capital market sectors, with extended hours to accommodate company disclosures.
The reopening occurs against a backdrop of significant economic strain. Iran’s economy faces persistent inflation, extensive international sanctions, and damage to critical industrial infrastructure—including petrochemical plants and steel factories—from strikes during the conflict. The main market index, TEDPIX, had fallen from a peak of approximately 4.5 million points at the start...