Iran: Temporarily shut down the stock market until the situation stabilizes.

date
17/06/2025
On June 16, Iranian government spokesperson Fatehmeh Mohajerani announced that Iran has decided to suspend operations in its stock exchange until the situation stabilizes. Mohajerani stated during a press conference in Tehran on that day that the financial market will remain suspended until regulatory authorities confirm that conditions for resuming operations have been met, with the aim of protecting public funds. It is worth noting that in the early hours of June 13, Israel launched airstrikes on Iran, resulting in the deaths of a significant number of military personnel. The casualties included Iranian Armed Forces Chief of Staff Mohammad Bagheri, Islamic Revolutionary Guard Corps Commander Hossein Salami, Central Headquarters Commander Gholamali Rashid, and Revolutionary Guard Aerospace Force Commander Amir Ali Hajizadeh. Reports also indicate that 9 nuclear scientists and several senior officials lost their lives. That night, Iran carried out a large-scale retaliatory operation, launching over 150 ballistic missiles and more than 100 drones towards Tel Aviv and other areas. The attacks resulted in civilian casualties and significant destruction.