The Iranian government has moved from an “emergency management” of the country’s stock market to a “more controlled normalisation” of it, says Mohammad Reza Farzanegan, a Middle East economics professor, Al Jazeera reports.

About 50 million Iranians have shares in the stock market, with 600,000 of them being “frequent traders” and 1.5m of them being “active traders”. He added that Iranians have waited “a long time” for the market to reopen, as they are “under significant pressure to access liquidities”.