A fire broke out on Monday morning on the fourth floor of the Pakistan Stock Exchange (PSX) building in Karachi, caused by a short circuit.
Emergency response teams promptly arrived at the scene to combat the blaze. The fire department dispatched five fire tenders, a snorkel, and a browser to control the fire, which was initially intense but quickly contained.
As a safety measure, trading activities at the PSX were temporarily halted, and the building was evacuated. The suspension lasted from 10:25 am to 11:25 am, as announced by Jawad H. Hashmi, PSX’s General Manager and Chief Market Operations Officer.
Access to the PSX building was briefly restricted, affecting several firms. Fortunately, there were no casualties, although some material damage occurred. The Deputy Commissioner of South Karachi visited the site and confirmed that the fire was not severe.
This incident follows a series of recent fires in Karachi, which have been exacerbated by the ongoing heatwave conditions.