Iran's stock market to reopen on Tuesday, official says

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Iran will reopen its stock market on Tuesday after a suspension during the US-Israeli war on the country, Iran’s IRNA news agency cites a senior official as saying, Reuters reports.

“The suspension of stock market activities from the start of the war was aimed at protecting shareholders’ assets, preventing panic-driven trading and allowing for more transparent pricing conditions,” says Hamid Yari, deputy supervisor at the Securities and Exchange Organisation.

“Now, with the reopening of the stock market, we will see the full resumption of all capital market sectors,” he adds.

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