Iran reopens its stock exchange after the longest shutdown in its history, caused by the war with the United States and Israel, local media reports.
“After nearly 80 days … the Tehran Stock Exchange reopened this morning,” the economic daily Donya-e-Eqtesad reports.
Trading had been suspended since the start of the war on February 28, when Israeli and US strikes on Iran triggered retaliatory missile and drone attacks by Tehran across the region.
The market had remained closed even after a fragile ceasefire took effect on April 8.
Unlike major global exchanges, Iran’s stock market operates largely outside the international financial system due to decades of sanctions and restrictions on foreign investment.
The official IRNA news agency says trading in shares in more than 40 companies affected by war — including firms in the chemical and metal sectors — “will remain suspended for the time being”.
The nearly 40-day conflict saw strikes hit parts of Iran’s critical infrastructure, including two of the country’s largest steel factories, which were put out of action after US-Israeli strikes.
Your next read: ToI Editors' Picks
LIMITED TIME OFFER: Join The Times of Israel Community today and you'll receive a physical book of your choice, carefully curated by our editors.
Choose between two must-reads: When We See You Again by Rachel Goldberg-Polin, a searing portrait of a mother’s grief and strength following unthinkable tragedy;
Or Out of the Sky: Heroism and Rebirth in Nazi Europe by Matti Friedman, the gripping and surprising tale of a forgotten moment during World War II.
As a Community member, you’ll also enjoy our DocuNation series of outstanding Israeli documentary films, an ad-free experience of our site and podcasts, commenting privileges, and more.
CHOOSE YOUR BOOK
CHOOSE YOUR BOOK
Already a member? Sign in to stop seeing this
You're a dedicated reader
We’re really pleased that you’ve read X Times of Israel articles in the past month.
That’s why we started the Times of Israel - to provide discerning readers like you with must-read coverage of Israel and the Jewish world.
So now we have a request. Unlike other news outlets, we haven’t put up a paywall. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community.
For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members.
Thank you,
David Horovitz, Founding Editor of The Times of Israel
Join Our Community
Join Our Community
Already a member? Sign in to stop seeing this