The fourth storey of the Pakistan Stock Exchange building in Karachi caught fire. Karachi Fire Brigade fire hydrant reached the site and extinguished the fire completely.

The Pakistan Stock Exchange fire has been extinguished and trading in the Pakistan Stock Exchange was suspended. Karachi Chief Fire Officer said the fire has been completely extinguished from the fourth storey of the PSX building and the cooling process was in progress.

“The fire broke out on the fourth floor of the building. There was no loss of life in the incident,” he said. Trading terminals of several brokers closed due to fire. Despite the fire, the administration had opened the market but was closed after half an hour.

“The market will remain closed until further notice,” the Stock Exchange administration said. Fire brigade vehicles were trying to extinguish the fire at the PSX. PSX-100 trading preopen activity has not been kicked off due to the fire incident.

All the traders have been rescued safely from the building. The fire reportedly occurred at the fourth story of the Pakistan Stock Exchange.

Fire erupts at Pakistan Stock Exchange 🔥 #PSX #PakistanStockExchange Lahore Karachi pic.twitter.com/wQDjbuNCgf
— Ibrar Asghar Butt (@IbrarAsgharBut) July 8, 2024

In 2020, the law enforcement agencies of Pakistan successfully foiled a terrorist attack targeting Pakistan Stock Exchange in Karachi. All four terrorists involved in the attempted attack were killed in the encounter. Four law enforcement personnel embraced martyrdom.