KARACHI: The board of directors of Pakistan Stock Exchange has announced to set up a fund to financially assist families of the martyred security personnel and those who were injured in the terrorist attack.
The board condemned the dastardly and cowardly attack in the strongest possible terms. “This was an attack which targeted not only innocent people but also the economic stability and the investment environment of Pakistan,” said a statement issued by the bourse.
They appreciated the bravery of the security personnel, who risked their lives to defend the stock exchange. The board also commended the PSX management for the calm and effective manner in which the security protocols were implemented.
The board noted that despite such an extreme event, the market did not stop working for even a minute and all disaster recovery and business continuity measures worked seamlessly.
The statement said PSX, as the premier capital market of the country, is fully cognisant of its responsibilities and recognises the suffering caused to the families of those who have been martyred and injured and will also help them in a practical and sustainable manner.
READ MORE: Governor Sindh pays tribute to PSX attack martyrs
The PSX will set up a fund and endowed it with an upfront donation of Rs 10 Million. The management has reached out to brokers, other capital market organisations and institutions and expressed a desire to support this effort. In addition, PSX staff and directors have also committed their support the fund in their individual capacity.
The board thanked Sindh government and Governor Sindh for the support and recognition extended to brave security personnel. It said the objective of setting up the fund is to ensure that the families receive consistent financial support.
The PSX board said it is committed to help ease the suffering and alleviate the financial worries for the families of those who lost their lives in the line of duty. PSX will contribute to medical expenses and continue paying the salary to two injured guards until they are fit to resume duties.
The board thanked civil and military officials, foreign diplomats, and representatives of organisations who visited the exchange to condemn the attack, sent condolence messages, and extended support in the prevailing situation.
The officials acknowledged and paid tribute to the bravery and gallantry of the security forces who fought off the attackers. They appreciated the bravery and support of police, rangers, intelligence agencies and security personnel.
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