On Monday morning, a fire broke out on the fourth floor of the Pakistan Stock Exchange (PSX) building in Karachi, caused by a short circuit.
Rescue teams swiftly arrived at the scene and launched efforts to extinguish the flames. The fire department dispatched five fire tenders, a snorkel, and a browser to tackle the blaze. Although initially intense, the fire was quickly brought under control. As a precaution, trading activities at the PSX were temporarily halted, but the building was reopened after an immediate evacuation.
Jawad H Hashmi, PSX’s General Manager and Chief Market Operations Officer, announced that trading was suspended from 10:25 am to 11:25 am due to the incident. Access to the building was temporarily restricted for many firms.
Fortunately, no casualties were reported, though there was some material damage. The Deputy Commissioner South visited the site and confirmed that the fire was not severe.
This incident follows several recent fires in Karachi, which have been exacerbated by the ongoing heatwave conditions.
