Six killed as gunmen attack Pakistan Stock Exchange

Cheryl Sanders
June 30, 2020

Security personnel surrounds the Stock Exchange Building after an attack in Karachi, Pakistan, on Monday.

"Aerial surveillance of the area is underway and all roads leading to the Karachi Stock Exchange have been cordoned off for security purposes", said Askari.

"We strongly condemn this heinous terrorist attack and wish Allah's mercy upon those who lost their lives, speedy recovery to the injured and convey our condolences to the friendly Government and the brotherly people of Pakistan", the Foreign Ministry said in a written statement.

Make no mistake, today's attack in Karachi is state-sponsored terrorism against Pakistan. 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 added.


"The security agencies were able to stop them at the entrance, otherwise we would have had a much more serious attack", Pakistan Stock Exchange Chairman Sulaiman Mehdi said by phone.

The assailants stormed the building after launching a grenade attack at the main gate to the building.

Militants from the Baloch Liberation Army say they were behind the attack.

Following a successful operation against a terrorist attack at the Pakistan Stock Exchange (PSX), Sindh Rangers Director General (DG) Major General Omer Ahmed Bukhari told that the Rangers, police and private guards killed four terrorists in just eight minutes. All staff inside the building were unharmed.


The BLA have long accused China of plundering Balochistan, the largest of Pakistan's four provinces that makes up the southwestern part of the country. The BLA has carried out several terrorist attacks in the past, including a suicide attack in August 2018 that targeted Chinese engineers in Balochistan, a November 2018 attack on the Chinese consulate in Karachi, and aMay 2019 attack against Pearl Continental hotel in Gwadar, Balochistan.

Separatist militants in Balochistan oppose Chinese investment, saying it is of little benefit to local people. They also are believed to have hideouts in south-eastern Afghanistan.

The province remains Pakistan's most impoverished area despite being rich in gas and coal reserves, as well as copper and gold.


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