#AlJazeera Iran’s stock market dream fades, leaving small investors frustrated
Iran’s stock market dream fades, leaving small investors frustrated
The Tehran Stock Exchange, once hailed as a symbol of financial stability and a shield against inflation, has become a source of anguish for millions of Iranians.
Encouraged by government officials, families invested their life savings in the market during its peak in 2020, only to witness sharp crashes that erased much of their wealth.
Today, the market is valued at less than a quarter of its former $400bn peak, leaving many feeling betrayed.
Small investors accuse the government of exploiting their funds to plug budget deficits, while major government-owned firms continue to dominate the market, further shaking confidence.
Amid soaring inflation and the devaluation of the rial, the social toll is stark, with families delaying purchases and retirees struggling to recover their losses.
While some see potential in undervalued assets, the shadow of sanctions and ongoing instability looms large.
The divide between hopeful investors and those left disillusioned highlights mounting discontent in a nation grappling with economic hardship.
Al Jazeera’s Resul Serdar reports from Tehran, Iran.
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