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Karachi stock exchange attack LIVE updates: 10 including 4 gunmen killed, hostage situation foiled

Pakistan Stock Exchange Attack Today News Updates: AK-47 rifles, hand grenades, magazines and other explosive material have been recovered, the police said, adding that the equipment indicated that they had come for a long siege.

By: Express Web Desk | New Delhi | Updated: June 29, 2020 9:30:04 pm
Security personnel examine confiscated ammunition from attackers outside the Stock Exchange Building in Karachi, Pakistan, Monday, June 29, 2020. (Photo: AP)

Security forces killed four gunmen who attempted to storm the Pakistan Stock Exchange building in Karachi on Monday. Four security guards, a police sub-inspector and a civilian were also killed in the attack, The Dawn reported. Three police officials have been injured, it further said.

The gunmen, according to The Dawn, stepped out of a vehicle and lobbed grenades before entering the stock exchange premises. AK-47 rifles, hand grenades, magazines and other explosive material have been recovered, the police said, adding that the equipment indicated that they had come for a long siege. Sindh Rangers Director General Umer Ahmed Bukhari said that a tweet had been posted in which the attack has been attributed to the Balochistan Liberation Army (BLA), The Dawn reported. However, Bukhari added that a final statement on it will be issued after investigation.

Explained | Why Balochistan Liberation Army, which targets Chinese interests in Pak, may have attacked Karachi stock exchange

The building, which is in a high-security zone, also houses the head offices of many private banks. Karachi police chief Ghulam Nabi Memon told Reuters that they exchanged gunfire with security personnel. “The situation is still unfolding and management, with the help of security forces, is managing the security and controlling the situation,” the Pakistan Stock Exchange (PSX) said on Twitter.

Live Blog

Gunmen attack Pakistani stock exchange in Karachi. 10 killed including 4 gunmen, 3 security guards, a police officer and a civilian. Follow LIVE updates

21:30 (IST)29 Jun 2020
Pak Foreign Minister Shah Mahmood Qureshi condemn PSX attack

Pakistan Foreign Minister Shah Mahmood Qureshi said, "Strongly condemn attempted terrorist attack on Pakistan Stock Exchange, thwarted by valiant security personnel, four of whom sacrificed their lives protecting Pakistan. We have repeatedly warned about externally supported terrorism. PSX is safe & open for business."

21:21 (IST)29 Jun 2020
MEA slams Pakistan Foreign Minister for linking terrorist attack in Karachi to India

Minister of External Affairs slammed Pakistan Foreign Minister for linking terrorist attack in Pakistan Stock Exchange to India and termed the link-up absurd, PTI reported. "Pakistan cannot shift blame on India for its domestic problems," MEA said, adding that, "Unlike Pakistan, India has no hesitation in condemning terrorism anywhere in world, including in Karachi."

20:11 (IST)29 Jun 2020
Why Balochistan Liberation Army, which targets Chinese interests in Pak, may have attacked Karachi stock exchange

Posted on Twitter and other social media, a photograph stamped with the letters B L A, showing four armed men in camouflage with a caption naming them and their “self-sacrificing attack” on the Pakistan Stock Exchange in Karachi earlier on Monday, is being widely seen as a claim by the Balochistan Liberation Army for the attack.

The BLA is a Baloch secessionist militant group headed by UK-based Hyrbayair Marri. Pakistan has long accused India of backing Baloch separatists and militants — an allegation India has always denied. It also alleges an Afghan hand in the movement. Read our explainer

18:36 (IST)29 Jun 2020
Thankful to everyone who stood strong against terrorists: PSX

We are thankful to everyone who stood strong against the terrorists. May Allah keep us safe from harm's way and may Pakistan rise stronger.

18:19 (IST)29 Jun 2020
All 4 terrorists killed within 8 minutes: Bukhari

Sindh Rangers Director General Omer Ahmed Bukhari, during a press conference, said that the terrorists were eliminated within eight minutes. He told reporters that a combined operation by security agencies started at 10:02am and the attackers were killed by 10:10am, The Dawn reported. 

17:44 (IST)29 Jun 2020
'Trading didn't close even for a minute'

PSX Board Chairman Sulaiman S Mehdi said "trading didn't close even for a minute", reported Dawn. "There is no doubt that this was a terrorist attack. I want to thank the security guards who embraced martyrdom for their service. The response of police and security forces was unbelievable. Our personal guards deterred the terrorists until police came in; they were not allowed to enter the building at all," said Mehdi.

16:22 (IST)29 Jun 2020
Possibility of foreign agency involvement cannot be ruled out: Bukhari

According to Dawn, Bukhari also added that the possibility of the involvement of foreign agencies cannot be ruled out, mentioning that such attacks are not "stand-alone incidents" and are not possible without the aid of "outside intelligence agencie".

15:35 (IST)29 Jun 2020
'A tweet attributed attack to Balochistan Liberation Army'

In a press conference, Sindh Rangers Director General Umer Ahmed Bukhari said that a tweet had been posted in which the attack has been attributed to the Balochistan Liberation Army (BLA) outfit, Dawn reported. However, he added that a final statement on it will be issued after investigation. In response to a question, the DG admitted that the attack had similarities to an attack on the Chinese consulate in Karachi carried out by BLA militants in 2018.

15:22 (IST)29 Jun 2020
Security personnel deployed around PSX Building after gunmen's attack in Karachi

Security personnel surround the Stock Exchange Building after gunmen's attack in Karachi, Pakistan, Monday, June 29, 2020. Special police forces deployed to the scene of the attack and in a swift operation secured the building. (Photos: AP) See more photos here

14:49 (IST)29 Jun 2020
Pak PM Imran Khan condemns PSX attack

Pakistan Prime Minister Imran Khan condemned the terror attack on the Pakistan Stock Exchange and said that the whole country was proud of the soldiers who bravely fought militants off to avert massive casualties, Geo News reported.

"Prime Minister of Pakistan Imran Khan condemns the terrorist attack on the Karachi Stock Exchange. The security forces bravely fought the enemy and thwarted the attack,” PTI’s Shahbaz Gill said in a tweet. Gill added the whole nation was proud of its brave soldiers. “I have extended my heartfelt condolences to the families of the martyrs and pray for the recovery of the injured.”

14:15 (IST)29 Jun 2020
Karachi stock exchange is Pakistan's largest, oldest stock exchange

The Karachi stock exchange is Pakistan's largest and oldest stock exchange, incorporated today with the exchanges in Islamabad and Lahore. Inside the stock exchange, broker Yaqub Memon told The Associated Press that he and others were huddled inside their offices while the attack was underway. As the firing ended and the gunmen were killed, police gathered all the employees and brokers in a single room while security forces went floor by floor to ensure that no explosives had been left behind, he said.

This image made from a video shows the exterior of stock exchange building in Karachi, Pakistan (AP)
13:50 (IST)29 Jun 2020
Food supplies found with gunmen: Report

Rizwan Ahmend, a police official at the scene, said that after opening fire, the gunmen entered the stock exchange grounds. He said that after the attack was over, food supplies were found on the bodies of the gunmen, indicating they may have planned a long siege, news agency AP reported

13:34 (IST)29 Jun 2020
Pakistani stock exchange attack: Shops in Karachi put on alert

After the attack, Karachi has been put on alert. Additional inspector general of Police, Karachi has directed to tighten the security of all important offices and trading centres across the city, the Dawn reported

13:16 (IST)29 Jun 2020
Equipment recovered from site indicate that gunmen had come for a long siege: Report

Armed gunmen had arrived at the PSX compound in a sedan and attempted to enter it from the parking ground side, according to initial reports and eyewitness statements. They were seen shouldering backpacks and carrying automatic weaponry in an amateur video captured by an eyewitness, Geo News reported. AK-47 rifles, hand grenades, magazines and other explosive material have been recovered, the police said, adding that the equipment indicated that they had come for a long siege.

Paramilitary soldiers at the site of an attack at the Pakistan Stock Exchange in Karachi (Reuters)
13:04 (IST)29 Jun 2020
Four guards, one police officer also killed in Karachi stock exchange attack

In the attack, four security guards and a police officer were killed, Geo News reported. The entire locality was later cordoned off by security forces and a search and clear operation was launched. The PSX was evacuated and the car that the militants arrived in was taken into custody.

12:32 (IST)29 Jun 2020
No gunmen entered the trading hall: PSX Managing Director

PSX Managing Director Farrukh Khan termed the attack as "serious and unfortunate". While speaking to Geo News, he said the number of people in the compound was lesser than normal due to the Covid-19 situation. He said that the gunmen had been intercepted outside the entrance and only one of them had entered the compound. None of them entered the trading hall or the building, the Dawn reported.

12:27 (IST)29 Jun 2020
Strongly condemn the Pakistan stock exchange attack: Sindh province Governor

Sindh province Governor Imran Ismail condemned the incident. "Strongly condemn the attack on PSX aimed at tarnishing our relentless war on terror. Have instructed the IG & security agencies to ensure that the perpetrators are caught alive & their handlers are accorded exemplary punishments. We shall protect Sindh at all costs," he said on Twitter.

12:22 (IST)29 Jun 2020
Karachi stock exchange attack: Two civilians killed, reports Dawn

At least two civilians have been so far reported dead, the Dawn said. Heavily armed special forces have surrounded the building located in the heart of the city's financial district, where the Pakistan State Bank is located as well as the headquarters of several national and international financial institutions. Local television stations are showing police in full body armor surrounding the building but still staying outside the high walled compound of the stock exchange.

12:20 (IST)29 Jun 2020
Forces trying to control the situation: Pakistan Stock Exchange

"The situation is still unfolding and management, with the help of security forces, is managing the security and controlling the situation," the Pakistan Stock Exchange (PSX) said on Twitter.

12:10 (IST)29 Jun 2020
Four gunmen killed after attempt to storm Pakistan Stock Exchange building in Karachi

The gunmen attacked the building, which is in a high security zone that also houses the head offices of many private banks, with grenades and guns, Karachi police chief Ghulam Nabi Memon told Reuters. The gunmen initially threw a grenade then opened fire on a security post outside the building. The four were killed when security forces posted there responded.

Local television stations are showing police in full body armour surrounding the building but still staying outside the high walled compound of the stock exchange. The Karachi stock exchange is Pakistan's largest and oldest stock exchange, incorporated today with the exchanges in Islamabad and Lahore.