The Tehran Stock Exchange (TSE), alongside the capital market's three other pillars, Iran Fara Bourse, the Iran Mercantile Exchange, and the Iran Energy Exchange, are spending Monday, July 6 (15 Tir 1405) as the final day of their closure. Per the Securities and Exchange Organization (SEO), trading resumes tomorrow morning, Tuesday, July 7 (16 Tir). The closure, ordered by the Supreme Council of the Stock Exchange in coordination with the Cabinet's decision to hold the country's official mourning ceremony, pushed the last trading session back to Wednesday, July 1 (10 Tir).
Background
TEDPIX, Tehran's benchmark index, closed that last session (July 1) up 59,624 points (1.16%) at 5,187,258, the equal-weight index reached 1,361,350, and 85% of listed symbols traded in positive territory; roughly 1.8 trillion tomans (1.8 hemat) of real (individual) money flowed into the stock market that day. Counting the exchange's normal Thursday-Friday weekend, the closure kept Iran's capital market shut for six consecutive calendar days, well beyond an ordinary weekly break. During that window, Fmelli (National Iranian Copper Industries) reported a 98% jump in its 1404 (Iranian year) net profit to 149.6 trillion tomans, a disclosure the market has not yet had a chance to price in and will face its first test tomorrow.
Key Figures
| Item | Figure | Source and Date |
|---|
| TEDPIX (last session before closure) | 5,187,258 (+1.16%) | Taadol, Qods Online; July 1, 2026 |
| Real money inflow (same session) | ~1.8 trillion tomans | Taadol; July 1, 2026 |
| Free-market dollar | 175,600 tomans (+0.1%) | Shargh; July 5, 2026 |
| 18-karat gold (per gram) | 17,727,100 tomans | Ecoiran; July 6, 2026 |
| Gold (mesghal) | 76,790,000 tomans | Ecoiran; July 6, 2026 |
| Global gold (ounce) | ~$4,175 | Ecoiran; July 6, 2026 |
| Emami gold coin | ~178 million tomans | Taadol, Shargh, Asriran; July 5, 2026 |
Drivers
While the official stock and commodity markets were shut, the informal gold, coin and currency markets kept semi-official trading going, and gold and coin both trended higher. At the same time, two global developments unfolded that bear directly on TSE's petrochemical, refining and commodity-linked stocks: OPEC+ raised its August crude output quota by 188,000 barrels per day, and Persian Gulf oil exports through the Strait of Hormuz topped 10 million barrels per day; separately, US spot bitcoin ETFs returned to net inflows after 10 straight days of outflows, and bitcoin traded above $62,000. TSE shareholders have had no opportunity to react to any of this until tomorrow's reopening. Some capital-market experts have also flagged an unresolved question over the maturity of options contracts that fell within the closure window, calling on the Securities and Exchange Organization to clarify whether such contracts will be extended or settled.
Outlook
Sahmino offers no prediction or recommendation on which direction TEDPIX will move in tomorrow's opening session. What the available data shows is that the stock market entered the closure on a positive trend with real money flowing in, while over the same window parallel assets such as gold and coin became more expensive and oil and crypto market news also trended upward; these factors are reported strictly as background information, not as a trading signal.
What to Watch
In the opening hours of tomorrow's session (Tuesday, July 7): how the reopening auction is conducted, how petrochemical and refining stocks react to the OPEC+ output increase and the rise in Hormuz oil exports, how Fmelli's share price responds to its annual profit report, the SEO's formal word on options-contract maturities, and the release of backlogged Codal disclosures from issuers during the closed days are all worth following.
Disclaimer
This report is for informational and educational purposes only and should not be considered investment advice. All figures carry a specific as-of date and may have changed since; verify information with official, up-to-date sources before making any decision.
