Tehran Stock Exchange Resumes Operations Following Record-Breaking Closure
The Tehran Stock Exchange officially resumed trading this Tuesday, marking the end of its longest operational suspension in history. According to local media, including the economic outlet Donya-e-Eqtesad, the market had been dark for approximately 80 days. The closure was prompted by the outbreak of hostilities on February 28, following a series of strikes by the U.S. and Israel, which triggered a significant military response from Tehran involving drones and missiles across the region. Even after a tentative ceasefire was established on April 8, the exchange remained shuttered as the nation grappled with the aftermath.
While the market has returned to activity, it remains isolated from the global financial landscape due to longstanding international sanctions and strict limitations on foreign capital. The state-run IRNA news agency clarified that trading remains paused for over 40 companies that bore the brunt of the recent conflict, specifically those in the chemical and metal industries. This cautious reopening follows a period where critical national infrastructure, including two major steel manufacturing plants, sustained heavy damage during the intense exchange of fire.