Money and business

80 days… The Tehran Stock Exchange resumes trading after the longest closure in its history


Tehran Stock Exchange on Tuesday, for the first time since the start of the American-Israeli war on the Islamic Republic on February 28, according to what an official media outlet reported.
The agency announced "Erna" It is official that the first trading on the stock exchange began Tuesday morning at Tehran, after a closure that lasted about 80 days.
The newspaper said "My world is economics" This was the longest closure in the history of the stock exchange since its founding before the Islamic Revolution.
The stock exchange had been closed since the start of the attacks on Iran On February 28, the government initially announced its closure for one week after the killing of Supreme Leader Ali Khamenei in strikes that occurred on the first day of the war.

Stock Exchange Outside the International System

Unlike the major financial stock exchanges in the world, the Iranian Stock Exchange largely operates outside the international financial system, due to decades of sanctions and restrictions imposed on foreign investments.
She explained. "Erna" that "More than 40 stocks whose related companies were damaged during the war, particularly in the chemicals and basic metals sectors, will remain suspended for the time being.

The US Chief of Staff announced the readiness of the forces to resume large-scale operations against Iran as soon as orders are issued, stressing the readiness of the Central Command and the Joint ForcesDetails:

The US-Israeli strikes on Iran until the fragile ceasefire on April 8, in addition to military targets, caused damage or destruction to many industrial infrastructure, especially steel factories.

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