Tehran Stock Exchange Resumes Trading After 80-Day Hiatus

Sana'a: The Tehran Stock Exchange resumed trading after an 80-day hiatus, with the first transactions of the new year taking place on the Iranian stock market amidst mixed overall performance. According to Yemen News Agency, trading began at 9:00 AM on Tuesday in the Tehran Stock Exchange's trading hall. Shares of more than 40 companies affected by the war remained closed, most of them concentrated in the chemical and basic metals sectors. The session saw the return of shares in the banking and automotive sectors, along with the reopening of some leveraged funds with a maximum selling limit of 100,000 units. The total value of buy orders reached approximately 1.575 trillion tomans. The value of accumulated sell orders in the queue reached approximately 10.3 trillion tomans (equivalent to 10.3 hemat in local currency). Only 28% of listed stocks traded in positive territory, while Femley (National Copper), Shabandar (Bandar Abbas Refinery), and Shasta (Social Security Investment Company) led the list of the biggest losers.