Search form

You are here

  • Home
  • Lahore target high-flying Multan for elusive PSL title 


Lahore target high-flying Multan for elusive PSL title 

Lahore Qalandars' Shaheen Shah Afridi celebrates with teammates after taking the wicket of Islamabad United in Lahore on February 25, 2022. (AFP)
Short Url

https://arab.news/6g7hy

Updated 26 February 2022
AFP
Follow

Lahore target high-flying Multan for elusive PSL title 

  • Lahore are the only one of the six teams not to have won the title 
  • But the task for Lahore is tough as they face Sultan in Sunday's final 
Updated 26 February 2022
AFP

LAHORE: Lahore Qalandars seek the elusive Pakistan Super League title as they take on in-form defending champions Multan Sultans in the final in Lahore on Sunday. 

The Shaheen Shah Afridi-led Qalandars are one of the only six teams not to have won the title since the Twenty20 league started in 2016. 

They lost to Karachi Kings in the only final they played in 2020. 

But the task for Qalandars is tough as they face a rampaging Sultan side that won nine of their ten first round matches. 

Qalandars were the only side to beat them in the first round but Sultans avenged that defeat by trouncing Qalandars in the qualifiers by 28 runs on Wednesday. 

Shaheen, whose side edged out Islamabad United by six runs in a last-over thriller in the second eliminator on Friday, vowed his team will not settle for anything less than winning the trophy. 

"After Friday night's incredible win we want to settle for nothing but the PSL trophy," said Shaheen. 

Sultans are led inspirationally by Mohammad Rizwan, declared Twenty20 international player of the 2021 by the International Cricket Council last month. 

Rizwan hoped his team can repeat their last year's triumph in the final held in Abu Dhabi. 

"It has been an amazing tournament for us and I, as captain, could not have asked more from my players," said Rizwan. 

Both the teams are power-packed in batting as well as in bowling. 

Qalandars have Fakhar Zaman as opener who has so far scored a league record of 585 at a strike rate of 154.35. 

Rizwan is Sultan's top run-getter with 532 runs while his opening partner Shan Masood has 459. 

Sultans also have power hitters in Western Australian Tim David and former South African Rilee Rossouw. 

Their attack has Lahore born former South African Imran Tahir, Shahnawaz Dahani and Khushdil Shah who all have 16 wickets in the tournament. 

Shaheen is the spearhead of Qalandars' attack with 17 wickets while newcomer slinger Zaman Khan (16) and Pakistan international Haris Rauf has 15 wickets. 

Qalandars tried valiantly to bring in their ace Afghan spinner Rashid Khan from Bangladesh in a chartered flight to play on Sunday, but gave up as logistics were a big problem. 

Kings and Quetta Gladiators -- both former champions -- bowed out in the first round in this edition. 

Topics: HBL PSL 2022 PSL 2022

Pakistan stocks hit another all-time high as optimism prevails over worker remittances

Updated 8 sec ago
Follow

Pakistan stocks hit another all-time high as optimism prevails over worker remittances

  • Pakistan recorded an inflow of $3.6 billion in Dec., with officials expecting remittances to exceed $40 billion this fiscal year
  • ENGROH, PPL, SAZEW, OGDC and PSO collectively added 661 points as the benchmark KSE-100 index rose by 860 points
Updated 8 sec ago
Hasaan Ali Khan

ISLAMABAD: The Pakistan Stock Exchange (PSX) hit a another all-time high as it crossed 188,000 points on Tuesday, amid hopes of strong remittance inflows and budget relief linked to the International Monetary Fund (IMF) talks.

Pakistan recorded an inflow of $3.6 billion in December, with Saudi Arabia emerging as the largest contributor. Pakistani officials expect remittances to exceed $40 billion this fiscal year.

On Tuesday, the benchmark KSE-100 index gained 860.09 points, or 0.46 percent, to close at 188,621.78 points, up from the previous close of 187,761.69 points, according to PSX data.

Ahsan Mehanti, chief executive officer of Arif Habib Commodities, told Arab News the market witnessed bullish activity amid speculation of the earnings season.

“FM (finance minister) expectations for $41 billion remittances in FY26, and expectations over renegotiation of IMF deal for relief in federal budget played a catalyst role in the record close at PSX,” he said.

Pakistan is currently navigating a long path to economic recovery under a $7 billion Extended Fund Facility (EFF) approved in Sept. 2024, which has seen Islamabad take several reforms, including privatization of loss-making state entities.

Meanwhile, Pakistani market research firm Topline Securities said in its daily review that the upward momentum at PSX was driven by buying from local mutual funds.

“Additionally, SAZEW [Sazgar Engineering Works Limited] notified that it will commence bookings for its CKD [Completely Knocked Down models] — ‘TANK-500 Hi4-T 4x4 2.0L Turbo AT PHEV and HEV’ — starting Monday, January 26, 2026,” Topline Securities Senior Equity Trader Naveed Nadeem said.

CKD means the cars are assembled locally from imported parts.

Engro Holdings Limited (ENGROH), Pakistan Petroleum Limited (PPL), SAZEW, Oil & Gas Development Company Limited (OGDC), and Pakistan State Oil (PSO) collectively added 661 points to the index, according to the research firm.

It said a total of 1,222 million shares were traded at a value of $227.86 million (Rs63.8 billion) on Tuesday, with Hascol Petroleum Limited topping the volume chart by trading 113 million shares.

Topics: Pakistan Stock Exchange

Latest updates

Australia passes tougher laws on guns, hate crimes after Bondi shooting
Pakistani, Chinese firms sign 79 MoUs worth $4.5 billion at Islamabad agriculture summit — minister
What is Trump’s ‘Board of Peace’?
Islamic Development Bank, Pakistan sign $603 million loan deals to fund development projects
US says trade with Pakistan could top $8 billion in 2025

Search form

Print Edition
Read pdf version Subscribe now
© 2026 SAUDI RESEARCH & PUBLISHING COMPANY, All Rights Reserved And subject to Terms of Use Agreement.