What is the current mood of Iranian investors?

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On March 7, 2026, Iran’s Minister of Economic Affairs announced that the stock market will remain closed until further notice, based on a decision by Iran’s Supreme Securities Council.
​Current status: As of April 2, 2026, the Iranian stock market is still in a full freeze, with no trading and no quotes.

Total number of listed companies: about 572 (TSE 388+IFB 184), with 2024 data showing 594 companies. Number of trading accounts: As of March 2025, the total number of trading accounts in the Iranian stock market is approximately 56 million (accounts opened by brokers)

This is a black swan for investors: steel mills and power plants being destroyed. If the company investors bought directly shuts down production, or gets bombed, and the revenue disappears, wouldn’t the stock’s value essentially go to zero? What kind of lesson should investors take away?

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