Gunmen attack Pakistani stock exchange, six killed

Marco Green
June 30, 2020

According to reports, four suspected terrorists stormed the Karachi stock exchange.

Pakistani security officials killed four gunmen in Karachi before they could enter the stock exchange building with guns and a hand grenade.

Karachi was once a hotspot for crime and political and ethnic violence, with heavily armed groups tied to politicians frequently gunning down opponents and launching attacks on residential areas. It's located in the city's financial hub, where all major banks and financial services are located and where there is usually a heavy security presence.

Local television stations showed police in full body armour surrounding the building outside the high walled compound of the stock exchange.

"Four attackers have been killed, they had come in a silver Corolla vehicle", Memon said.

Shazia Jehan, a police spokesman, says the bomb disposal squad was also called to the stock exchange and was trying to clear the building of explosive devises.

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.

There was no immediate claim of responsibility. The group has been waging an insurgency for years, demanding independence for Pakistan's gas-rich southwestern Baluchistan province, which borders the southern Sindh province, where Karachi is the provincial capital.

The Pakistan Stock Exchange administration sent out a message saying that "rangers" had entered the compound and that "four terrorists" were dead. There were no other details and the fate of the attackers was not immediately known.

"Two were killed at the gate, and two of them went inside in an injured state and were then killed there", Edhi said, speaking to reporters close to the site of the attack in Karachi's main business district.

In May a year ago, the BLA attacked a luxury hotel near the Afghan border at Gwadar, where a port development is the flagship project of a multi-billion dollar national infrastructure project funded by China. The Baluchistan militant group has opposed the one-road project, including a highway connecting the Gwadar port to the Chinese border.

"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.

Other reports by Click Lancashire

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