The Stock Exchange in Copenhagen is ablaze

Denmark’s historic old stock exchange building in the centre of Copenhagen has been engulfed by fire.

The 17th Century Børsen is one of the city’s oldest buildings and onlookers gasped as its iconic spire collapsed in the flames.

Everyone inside the building was able to leave and people rushed to rescue some of its historic paintings.

Culture minister Jakob Engel-Schmidt said 400 years of Danish cultural heritage had gone up in flames.

Stunned commuters and onlookers watched as the raging fire could be seen swirling around the building’s distinctive 56-meter spire – shaped as the tail of four entwined dragons – moments before it collapsed and fell into the street below.

Copenhagen police have told people to avoid the area and there have been no reported injuries so far.

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