- Title: Pakistan stock exchange halts trading due to fire in the building
- Date: 8th July 2024
- Summary: KARACHI, PAKISTAN (JUNE 8, 2024) (REUTERS) STOCK EXCHANGE STAFF AND TRADERS ASSEMBLING OUTSIDE BUILDING FIRE ENGINES PARKED OUTSIDE BUILDING BLACKENED FACADE OF BUILDING FIRE ENGINE REVERSING TRADERS TALKING OUTSIDE BUILDING FIRE ENGINES PARKED OUTSIDE BUILDING / BLACKENED FACADE OF BUILDING (SOUNDBITE) (Urdu) CHIEF FIRE OFFICER, ISHTIAQ AHMED KHAN, SAYING: “The fire has c
- Embargoed: 22nd July 2024 09:07
- Keywords: disaster fire kse pakistan pakistan stock exchange
- Location: KARACHI, PAKISTAN
- City: KARACHI, PAKISTAN
- Country: Pakistan
- Topics: Asia / Pacific,Disaster/Accidents
- Reuters ID: LVA002703108072024RP1
- Aspect Ratio: 16:9
- Story Text: The Pakistan Stock Exchange (PSX) resumed trading on Monday (July 8) after a two-hour suspension due to a fire in the bourse's Karachi headquarters.
The situation was under control, the exchange said, and brokerage firms' staff had started returning to the premises.
The KSE 100, the PSX's main index, has in recent months risen to a historic high, surpassing 80,000 points on the back of an International Monetary Fund bailout last summer that averted a default and more recently, amid continuing reforms under the lender's umbrella.
On Monday, after trading resumed following the fire, the KSE100 was up 0.3%, or about 260 points.
(Production: Waseem Sattar, Shahabuddin Shahab) - Copyright Holder: REUTERS
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