Fire Erupts At Pakistan Stock Exchange In Karachi, Trading Temporarily Halted

On July 8, a fire erupted on the fourth floor of the Pakistan Stock Exchange (PSX) building in Karachi, according to local media reports. Fire brigade teams are actively working to extinguish the flames. Trading activity has been temporarily suspended due to the incident.

Rescue 1122 Sindh confirmed that all traders have been safely evacuated, ensuring no casualties. No loss of life or injury has been reported so far. “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 stated.

The fire prompted immediate evacuation of people inside the stock exchange premises. The PSX building is located on I. I. Chundrigar Road, known as Pakistan’s Wall Street, a high-security zone close to the State Bank of Pakistan (SBP) and the Central Police Office. The area houses many offices of private banks, commercial enterprises, and the head office of Karachi Port Trust (KPT).

The Karachi Stock Exchange website also confirmed the suspension of trading as a result of the fire. Authorities are continuing efforts to control the situation and investigate the cause of the blaze.