Bomb scare at Lahore Stock Exchange

LAHORE: Officials and traders hurriedly vacated the Lahore Stock Exchange (LSE) building on Wednesday after a hoax caller warned of a bomb in the building. The volume went down, as trading was suspended for one and a half hours. The market share index, however, ended on a positive note.

LSE management sources said the LSE’s legal advisor, Amir Zarif Khan, received an anonymous phone call at around 11:00am that a bomb had been planted in the building and would explode at 12:10pm.

The sources said the management called the bomb disposal squad who directed the management to vacate the building immediately. The bomb disposal squad searched the building but found no bomb.

Asad Ali, an LSE trader, said the hoax had caused him a big loss, but he was glad it was just a hoax.

LSE Chairman Syed Asim Zafar said the caller could not be traced because there was no call identification system. staff report

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