A new historical record has been made in the Pakistan Stock Exchange as the PSX-100 index crossed the milestone of 81,000 points for the first time.
The Pakistan Stock Exchange has a significant bullish trend at the start of the trading on the second day of the trading week. The KSE-100 index increased by 426 points to 81002 points.
Read more: Pakistan Stock Exchange fire put out; trading resumed
On Tuesday, fourth storey of the Pakistan Stock Exchange building in Karachi caught fire. Karachi Fire Brigade fire hydrant reached the site and extinguished the fire completely.
Pakistan Stock Exchange fire was extinguished and trading in the Pakistan Stock Exchange was resumed after remaining suspended for a few hours.
Karachi Chief Fire Officer said the fire had been completely extinguished from the fourth storey of the PSX building and the cooling process was in progress.
“The fire broke out on the fourth floor of the building. There was no loss of life in the incident,” he said. Trading terminals of several brokers closed due to fire. Despite the fire, the administration had opened the market but it was closed after half an hour.
“The market will remain closed until further notice,” the Stock Exchange administration said. Fire brigade vehicles were trying to extinguish the fire at the PSX. PSX-100 trading preopen activity has not been kicked off due to the fire incident.
All the traders have been rescued safely from the building. The fire reportedly occurred at the fourth story of the Pakistan Stock Exchange.
