Pakistan’s KSE suspends trading due to fire in the building, Geo TV reports

Jul 8, 2024
pakistan’s-kse-suspends-trading-due-to-fire-in-the-building,-geo-tv-reports

Item 1 of 2 A fireman controls waterpipes as he works after a fire broke out in the Pakistan Stock Exchange building in Karachi, Pakistan July 8, 2024. REUTERS/Akhtar Soomro

[1/2]A fireman controls waterpipes as he works after a fire broke out in the Pakistan Stock Exchange building in Karachi, Pakistan July 8, 2024. REUTERS/Akhtar Soomro Purchase Licensing Rights, opens new tab

ISLAMABAD, July 8 (Reuters) – Pakistan’s Karachi stock exchange said on Monday that it had suspended trading due to a fire in the building.

In a notice on its website, the KSE 100 said the trading had been suspended, which is further extended until 12:25 p.m (0725 GMT).

It said the situation was under control and brokerage firms’ staff had started going back to the premises.

The KSE has in recent weeks risen to a historic high surpassing 80,000 points.

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Reporting by Asif Shahzad; Editing by Kim Coghill and Christian Schmollinger

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