On June 29, 2020, Pakistan witnessed one of the most shocking incidents in recent history, the Pakistan Stock Exchange attack in Karachi. This brazen act of terror not only targeted a financial institution but also sent ripples across the country, reminding everyone of the persistent threats posed by militancy. Carried out by militants of the Balochistan Liberation Army (BLA), the attack was thwarted within minutes by the swift action of Pakistan’s security forces.
Here, we are providing a minute-by-minute PSX attack timeline, helping you understand how events unfolded and how bravery on the ground prevented an even greater tragedy.
Background: Why the Pakistan Stock Exchange?
The Karachi Stock Exchange attack wasn’t just about targeting a building. The PSX building attack symbolized an assault on Pakistan’s economy, investors, and national confidence. By choosing the heart of financial activity in Karachi, the attackers wanted to send a message far louder than the bullets they fired.
For those studying terrorism in Pakistan or working on a Pakistan terrorism documentary, this incident remains a key example of how terrorist groups attempt to destabilize the country by hitting high-profile institutions.
Minute-by-Minute Breakdown of the PSX Attack Timeline
10:02 AM – Arrival of the Attackers
Four terrorists armed with grenades and automatic weapons arrived in a car near the main entrance of the PSX building in Karachi. Dressed in tactical gear, they opened fire immediately after stepping out of the vehicle.
10:03 AM – First Shots Fired
Security guards stationed at the gate responded instantly. The attackers lobbed grenades and tried to push their way into the compound, beginning the violent BLA attack in Karachi.
10:03 AM – Panic in the Building
Inside the PSX, staff and traders scrambled for safety as the sound of gunfire echoed. Many locked themselves in offices, while others took cover under desks.
10:05 AM – Police and Rangers Respond
Quick reaction units from the Sindh Police force and Pakistan’s Rapid Response Force arrived at the scene within minutes. Their rapid response was crucial in containing the Karachi attack of 2020.
10:07 AM – Firefight at the Entrance
A heavy exchange of gunfire erupted between the attackers and security forces at the front gate. Two attackers were neutralized on the spot, preventing them from entering deeper into the building.
10:08 AM – Clearing Operations
The remaining terrorists continued firing but were quickly overwhelmed. Security forces acted with precision, ensuring that casualties were minimized.
10:10 AM – Attack Neutralized
By this time, all four attackers had been killed. The situation was brought under control within just 08 minutes, showcasing the efficiency and courage of Pakistan’s defenders.
Casualties and Damage
Although the PSX building attack was foiled, the incident was not without loss. Two police officers, a security guard, and a civilian lost their lives in the crossfire. Several others were injured. The quick response, however, prevented what could have been a much larger tragedy.
Aftermath and Impact
The Balochistan Liberation Army PSX attack was condemned across the globe. Leaders, business communities, and ordinary citizens praised the bravery of security forces. For many, it became a defining story of resilience, one often highlighted in a Pakistan security forces documentary.
The Karachi stock exchange attack also shed light on how terrorist groups continue to threaten peace in Pakistan, even as the country has made significant progress in reducing militancy.
Why This Incident Still Matters
The Karachi attack 2020 is remembered not only for the tragedy but also for the lessons it taught:
- Preparedness saves lives: The on-site guards and law enforcement response time were the difference between containment and catastrophe.
- Symbolic targets matter: Attacks on institutions like the Pakistan Stock Exchange aim to shake national confidence.
- Terrorism in Pakistan is evolving: Groups like the BLA continue to seek high-profile targets, making vigilance essential.
Final Thoughts
The Pakistan Stock Exchange attack remains one of the most significant security challenges faced by Karachi in recent years. This PSX attack timeline reminds us of both the dangers of terrorism and the bravery of those who risk their lives to protect others.
For researchers, journalists, or those working on a Pakistan terrorism documentary, the PSX building attack serves as a powerful case study of resilience in the face of violence. For more information on the attack and to take a look at the heroes behind this attack, check out RAVA Documentary Films’ newest feature called Pakistan Stock Exchange: The Police Story, available only on RAVA’s YouTube Channel.