The Pakistan Stock Exchange has achieved a significant milestone with the PSX-100 index surpassing 81,000 points, setting a new historical record.
The Pakistan Stock Exchange is experiencing a notable upward trend at the beginning of the second trading day of the week. The KSE-100 index rose by 426 points, reaching a total of 81002 points.
A fire broke out on Tuesday on the fourth floor of the Pakistan Stock Exchange building in Karachi. The Karachi Fire Brigade promptly deployed a fire hose to the location and successfully extinguished the fire in its entirety.
The fire at the Pakistan Stock Exchange was successfully put out, and trading at the exchange resumed after a temporary suspension of a few hours.
The Chief Fire Officer of Karachi said that the fire on the fourth floor of the PSX building has been fully extinguished and the process of cooling down the area is currently underway.
A fire originated on the fourth story of the structure. According to him, there were no casualties in the incident. Multiple brokers’ trading terminals were forced to close as a result of a fire. Notwithstanding the fire, the administration commenced the market’s operations, however it was subsequently shut down within thirty minutes.
The Stock Exchange administration said that the market will be closed indefinitely. Fire department vehicles were attempting to suppress the fire at the PSX. The preopen trading activity for PSX-100 has not commenced due to the fire event.
All the traders have been successfully evacuated from the building. The fire allegedly took place on the fourth floor of the Pakistan Stock Exchange.
