A fire broke out on the fourth floor of the Pakistan Stock Exchange (PSX) building in Karachi on Monday, temporarily suspending trading operations.
In an official statement, PSX informed all Trading Right Entitlement (TRE) Certificate Holders and relevant parties that trading in all securities was halted from 10:25 am to 11:25 am due to a fire in a brokerage firm’s office within the Stock Exchange building. The statement added, “Many of the firms are unable to access the building due to this incident.”
Rescue 1122 Sindh reported no casualties or injuries in the incident. Evacuations were promptly carried out for those inside the stock exchange premises following the fire outbreak.
“Rescue 1122’s fire and rescue team were dispatched to the venue with two fire brigade trucks as soon as they received information [about the fire],” the rescue service said.
Video footage circulating online shows flames and thick smoke emanating from the fourth floor of the PSX building.