Militant Attack on Pakistan Stock Exchange

• Pakistan stock exchange is located in the heart of Karachi in a high-security area. It was attacked by 4 heavily armed terrorists at 10 am 29 June 2020.

• The attack began when the terrorists armed with automatic rifles threw a grenade and began firing at the security check post outside the stock exchange. Where two security guards and a police officer were martyred.

• The quick response force and rangers immediately arrived and cleared the areas with 8 minutes.

• DG rangers further said that this attack was an attempt to shatter the confidence of investors in Pakistan.

Pakistan stock exchange is the financial hub of Pakistan located in the heart of Karachi in a high-security area. It was attacked by 4 heavily armed terrorists at 10 am 29 June 2020. Separatist Baloch liberation army was a political voice of Baloch ethnicities but has chosen a violent path to demand autonomy in recent years. The BLA took responsibility for the attack on PSX this morning. 

Terrorists arrived in a silver corolla. The attack began when the terrorists armed with automatic rifles threw a grenade and began firing at the security check post outside the stock exchange. Where two security guards and a police officer were martyred.

The quick response force and rangers immediately arrived and cleared the areas with 8 minutes. Two gunmen were shot at the security check post while making an attempt to go inside the building.  While the other two were killed by PC Khalil and PC Rafiq from the quick response force. We salute the bravery of our heroes.

Unfortunately, seven people were wounded who are currently being treated at the hospital. The terrorists brought food items along with them and were heavily equipped to set up a siege, said the police official. Due to the pandemic, the number of staff was reduced which is usually 2000 people every day. The militants were unable to make it to the main building. Moreover, the building was immediately evacuated and people locked themselves in lockdown rooms.

Apart from the attack the PSX saw a rising trend and closed at 0.71 per cent up at 34, 181 points. However, a deep investigation is being done. DG rangers further said that this attack was an attempt to shatter the confidence of investors in Pakistan.