Trading Stopped after PSX Structure Catches Fire

Trading

This is in preservation to PSX notice No. PSX/N-630 dated july 08, 2024. Please be informed that the market  will restart at 12:25 pm and shall keep to the excellence Designated time schedule (DTS) for the rest of the deal session , without any change,’’ the main had stock exchange informed  investors in a notice at 12:24 PM.

Investors have stopped buy and sell at the Pakistan stock exchange (PSX) , for the moment after the fourth floor of the buy & sell building snatch fire during the early hours of day job today.

The affected floor houses some commission firms. Apparently, a short circuit reason the fire at the Aba Ali Habib securities office in the Pakistan stock exchange building.

Fire brigades are directly on the site to control the condition. The people in charge have reported that the condition is directly under control.

“Trading in all securities is temporarily suspended from 10:25 am to 11:25 am today due to a fire at a brokerage firm’s office in the Stock Exchange building. Access to the building is limited for many firms as a result.”

PSX stated that the situation is under control, with brokerage firms’ staff returning to their premises. To ensure a smooth market reopening, trading suspension in all securities is extended until 12:25 pm today, according to a notification at 11:36 AM.

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