Iran’s stock market has registered a major fall on Wednesday few hours after Hamas top leader Ismail Haniyeh was assassinated in a predawn attack in the Iranian capital earlier in the day.
Haniyah’s assassination came just after Haniyeh had attended the inauguration of Iran’s new president Masoud Pezeshkian in Tehran.
The overall index of Iran’s stock market plunged more than 45,000 points or 2.13% on Wednesday.
The map of Irans stock market on July 31, 2024.
The price of Iranian rial also dropped against the US dollar as one US dollar was traded for 606,000 rial in the Iranian non-official currency market, 1.75% higher than rates reported the previous day.
The gold price is also expected to gain in the Iranian market following fall of the country’s currency.
Addressing the inauguration ceremony after taking the oath of office on Tuesday, Iran’s new president lashed out at the Israeli Zionist regime for its invasion of Gaza and mass killing of children in the tiny besieged Palestinian area, renewing Iran’s support for the Palestinian resistance groups.
On Wednesday, Iran’s Supreme Leader Ayatollah Seyyed Ali Khamenei reacted to the assassination of Haniyeh, vowing harsh retaliation against the Tel Aviv regime which he said “martyred our dear guest in our home.”
“We consider his revenge as our duty,” the Supreme Leader said.