KARACHI: A fire broke out in the Pakistan Stock Exchange building in Karachi city of Sindh province on Monday, due to which operations at PSX were suspended. Police gave this information.
However, there were no casualties in the fire that broke out on the fourth floor of the building, a police official said.
The stock exchange was opened to the public in the afternoon after the fire brigade brought the fire under control and started the cooling process.
PSX General Manager and Chief Market Operations Officer Jawad H Hashmi said, "All TRE certificate holders and concerned are informed that trading in all securities is temporarily suspended from 10:25 am to 11:25 am today (Monday)." Has been done." in a statement.
Deputy Commissioner South Altaf Saryom said two PSX offices were damaged in the fire.
He said police will investigate how the fire broke out after the cooling process is over.
He said that the fire first broke out on the fourth floor of the building housing the office of Ali Habib Trading Company.
According to Sindh Rescue 1122 spokesperson Hasan Khan, no loss of life was reported and six fire engines, a snorkel and a water bowser were used to extinguish the flames.
The city has been experiencing extreme heat in recent weeks, increasing the risk of electrical equipment and wires overheating and causing fire.
Several incidents of fire have been reported in the metropolis in recent months.
However, there were no casualties in the fire that broke out on the fourth floor of the building, a police official said.
The stock exchange was opened to the public in the afternoon after the fire brigade brought the fire under control and started the cooling process.
PSX General Manager and Chief Market Operations Officer Jawad H Hashmi said, "All TRE certificate holders and concerned are informed that trading in all securities is temporarily suspended from 10:25 am to 11:25 am today (Monday)." Has been done." in a statement.
Deputy Commissioner South Altaf Saryom said two PSX offices were damaged in the fire.
He said police will investigate how the fire broke out after the cooling process is over.
He said that the fire first broke out on the fourth floor of the building housing the office of Ali Habib Trading Company.
According to Sindh Rescue 1122 spokesperson Hasan Khan, no loss of life was reported and six fire engines, a snorkel and a water bowser were used to extinguish the flames.
The city has been experiencing extreme heat in recent weeks, increasing the risk of electrical equipment and wires overheating and causing fire.
Several incidents of fire have been reported in the metropolis in recent months.
