Iran's stock market is due to reopen after an 80-day war closure, with shares, equity funds, and equity-linked derivatives resuming Tuesday and Wednesday before the Iranian weekend, and Al Jazeera reports that operations will be extended by one hour for top firms disclosing important information after war damage or shareholder meetings during the stoppage. [1]

The reopening is less about whether TEDPIX falls on day one than about what the market is allowed to know, because Al Jazeera reports that American and Israeli strikes hit petrochemical, steel, mining, and transport-linked firms and that it remains unclear how much companies may disclose amid security risks and fears of renewed fighting. [1]

That is an unusually literal version of price discovery: Iranian officials say the exchange closed to prevent panic and protect assets, but a closed market also traps portfolios and stores pressure, while a three percent daily move limit may slow any fall by extending the queue. [1]

MSM sees a reopening, X sees a regime stress test, and the paper sees a disclosure problem wearing a market ticker, with the first company notices likely to show whether Tehran can reopen trust as easily as it can reopen trading by decree.

-- HENDRIK VAN DER BERG, Brussels