Multiple people dead after attack on Pakistan Stock Exchange in Karachi

Four suspected terrorists stormed the Karachi Stock Exchange building and were inside for a while before engaging in a gunfight with security forces.

At least five people have reportedly been killed in a firing incident and grenade attack at the Pakistan Stock Exchange located on main I.I. Chundrigar in Karachi.

There were no reports of any wounded among the brokers and employees inside the exchange and a separatist militant group from a neighboring province later claimed responsibility for the attack.

It is not clear if more assailants were involved and a search of the premises is continuing.

A tweet from the official Twitter page of the Pakistan Stock Exchange said, "There was an attack on the PSX compound earlier today".

Security personnel examine confiscated ammunition from attackers outside the Stock Exchange Building.

The same militant group previously mounted a deadly attack on the Chinese consulate in Karachi in November 2018 and in May previous year attacked a hotel in Gwadar, a port city in Balochistan used by Chinese working on China-Pakistan Economic Corridor projects.

"An investigation has been launched and very soon we will reach their masterminds", Interior Minister Ijaz Ahmad Shah said in a video message posted after the attack.

The attack on the building located in the heart of Karachi's financial district, where the Pakistan State Bank is located as well as the headquarters of several national and global financial institutions, left two guards and a police officer dead, officials say.

"The attackers came in a silver Toyota Corolla and were stopped by the police at the gate outside where the exchange of fire took place", said Ghulam Nabi Memon, additional IG, Sindh police.

This month, three explosions on the same day claimed by a little-known separatist group killed four people including two soldiers in the southern province of Sindh, of which Karachi is capital.

The Pakistan Stock Exchange in Karachi is the country's largest.

Pakistan's government says BLA militants had attempted to takeover China's consulate in Karachi in 2018.

Khan also shared that trading was not affected by the attack and continued even during the attack and was still underway.

But the situation has largely stabilised in recent years following operations by security agencies against armed political outfits and Islamist militants.



Latest news

Hong Kong holds silent protest against new Chinese security law
A government advertisement (left) promoting China's national security law is displayed inside an MTR train station in Hong Kong. Rights groups, many western governments and the Unitied Nations' rights body have expressed alarm over the law.

Musk Tells Tesla Employees Breaking Even in 2Q Will Be Tight
So, Amazon has acquired the California headquartered Zoox to counter Tesla. Tesla shares rose 5.2% to close at $1,009.35 on the Nasdaq on Monday.

Google, Apple approach govt to use contact-tracing API in Aarogya Setu
Aarogya Setu doesn't meet many of those tenets which means it can't work with Google and Apple's exposure notification API. To use the system, download the public health authority's app, it may or may not be available in your country.

Facebook stock under pressure as advertiser boycott spreads
Shares were down less than 1% Monday morning in NY , adding to an 8.3% drop on Friday. The social-media giant makes almost all of its revenue from advertising.

Siddaramaiah, DK Shivakumar cycle to party office protesting fuel hike in Bengaluru
Similarly, diesel attracts 63 per cent or Rs 49.43 per litre as taxes, including Rs 31.83 as excise duty and Rs 17.60 as VAT. Collection of levy is Rs 30 per liter, they have reduced it by Rs10 or 15 per liter so that rise on petrol would be lowered.

Other news