[VIDEOS] Fire erupts at Pakistan Stock Exchange building in Karachi

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Fire erupts at Pakistan Stock Exchange building in Karachi​


A fire broke out on the fourth floor of the Pakistan Stock Exchange (PSX) building on Monday located on Karachi's I. I. Chundrigar Road, according to fire brigade officials.

The fire brigade promptly dispatched three fire hydrants to the scene upon receiving reports of the blaze. Authorities are working to contain the fire and prevent it from spreading to other parts of the building.

The people present inside the PSX building were evacuated to the parking lot.

According to officials, the blaze broke out on the fourth floor of the stock exchange building due to short-circuiting.

 
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Fire at Karachi’s PSX brought under control: rescue officials​


A fire that broke out at the Pakistan Stock Exchange (PSX) building in Karachi on Monday and led to the suspension of trading activity for around two hours has been brought under control, rescue officials said.

According to Sindh Rescue 1122 spokesperson Hassaan Khan, no loss of life has been reported.

The fire initially broke out on the fourth floor of the Ali Habib Trading Company building on I.I. Chundrigar Road, Khan said. He added that the cooling process of the building had begun as fire brigades reached the spot.

Khan noted that as soon as Rescue 1122’s Central Command and Control received the information, two fire brigade trucks reached the spot to douse the blaze.

He added that one snorkel and a total of six fire brigades had reached the building to extinguish the fire.

Following the fire, trading had been halted at around 10:30am and resumed two hours later near 12:30pm.

Once the fire was brought under control, the KSE-100 index caught proverbial fire, gaining 484 points in intraday trade at around 2pm to reach 80,697 points.

In February, the Karachi Metropolitan Corporation informed the Sindh High Court that it had conducted a fire safety audit of over 265 commercial buildings, and not a single one was found to have a fire safety certificate or a no-objection certificate (NOC) issued by the fire brigade department.

The report, filed on behalf of Metropolitan Commissioner Afzal Zaidi, stated that serious shortcomings had been observed during the audit.

In November, a woman suffered burn injuries after a fire erupted in a multi-story building on I.I. Chundrigar Road.

He said the fire erupted on the third floor of the Business and Finance Centre, adding that the flames spread to the sixth floor. DIG Raza said there were 300 offices in the building with 2,000 employees, who were safely evacuated.

 
A second fire incident in Karachi in just one month

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Fire at Karachi's Shahrah-e-Faisal building sends two to hospital​


A fire broke out on the ninth floor of a building near Metropole Hotel on Shahrah-e-Faisal in Karachi, causing smoke to fill the structure and resulting in five people losing consciousness.

According to police officials, two of the affected individuals have been transported to Jinnah Hospital for treatment.

Due to the dense smoke, the rescue operation was initially halted but resumed shortly afterwards. All 50 individuals inside the building were successfully evacuated, including those on the roof, who were brought down using a snorkel.

Authorities reported that ten fire brigade vehicles and two snorkels are currently at the scene to extinguish the fire.

Additionally, the road from Jinnah Hospital to Metropole has been closed to traffic. Traffic police are redirecting vehicles from FTC to Kala Pul to manage the situation.

Fire brigade officials confirmed that there are no further reports of individuals trapped inside the building and expressed confidence that the fire would be brought under control soon.

The Pakistan Navy's firefighters are assisting in the efforts to contain the blaze. According to a spokesperson for the Pakistan Navy, five fire tenders, a snorkel, and personnel from the Navy are aiding in the firefighting operations.

 
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