Pakistan cricketers fined after failing to reach Twenty20 World Cup semifinals — report

Pakistan's Abrar Ahmed reacts during the 2026 ICC Men's T20 Cricket World Cup Super Eights match between Sri Lanka and Pakistan at the Pallekele International Cricket Stadium in Kandy on February 28, 2026. (AFP/ file)
Short Url
Updated 03 March 2026
Follow

Pakistan cricketers fined after failing to reach Twenty20 World Cup semifinals — report

  • PCB links financial benefits to performance after fourth straight ICC semifinal exit
  • Fine reportedly imposed despite record-breaking tournament from Sahibzada Farhan

ISLAMABAD: The Pakistan Cricket Board has reportedly fined players around $18,000 each after the team failed to qualify for Twenty20 World Cup semifinals.

PCB “officials have clearly told the players that enough pampering has been done — from now on, financial benefits will only come with performance,” the Express Tribune reported Tuesday.

According to the report, the PCB decided to fine the players after Pakistan lost a group-stage match to archrival India on Feb. 15. However, after the team qualified for the Super Eight stage the players were told the fine could be waived if Pakistan reached the semifinals.

Pakistan needed to beat co-host Sri Lanka by 65 runs in the last group match to qualify for final four ahead of New Zealand, but instead it narrowly scraped to a five-run win.

The report said PCB officials told the playing group that if they accepted rewards for good performances, “they must also pay penalties for poor ones.”

The fines reportedly included at least one outstanding performer — Sahibzada Farhan — who broke India great Virat Kohli’s record for most runs in a T20 World Cup and finished the tournament with 383 runs, featuring two centuries and two half centuries.

The sport’s national governing body did not respond to a request for comment.

It was the fourth successive major ICC tournament where Pakistan has missed the semifinals. Pakistan also hasn’t beaten India in a major event since 2022.

Soon after losing the last year’s Asia Cup final to India, the PCB briefly suspended permission for players participating in T20 leagues around the world but later allowed the players to compete in tournaments like Australia’s Big Bash.

Last year, the PCB abolished category A in its list of 30 centrally contracted players, and demoted both Mohammad Rizwan and Babar Azam in category B.


Pakistan stocks tumble 2.3% as Middle East conflict rattles investors

Updated 6 sec ago
Follow

Pakistan stocks tumble 2.3% as Middle East conflict rattles investors

  • KSE-100 posts weekly loss of 6.3% as geopolitical tensions trigger sell-off
  • Foreign investors dump $25.5 million in equities amid global energy supply fears

ISLAMABAD: Pakistan’s benchmark stock index fell 2.3% on Friday as investors sold shares ahead of the weekend amid growing fears that the escalating conflict involving Iran could disrupt global energy supplies and trade routes.

The KSE-100 index closed down 3,714.57 points at 157,496.10, after touching an intraday high of 161,435.83 and a low of 157,072.64, according to the Pakistan Stock Exchange (PSX) data. Trading volume stood at about 196 million shares with a value of roughly Rs18.8 billion ($67 million).

The decline capped a volatile week for Pakistani equities, with the benchmark index falling 6.3% week-on-week as geopolitical tensions between Iran, the United States and Israel unsettled investors and triggered risk-off sentiment across regional markets.

“KSE-100 Index declined by -6.3% on a week-on-week basis, and this decline can be attributed to the Middle East conflict (US-Israel vs. Iran), where investors sold their positions in the backdrop of increasing risk to global energy supply and trade routes,” brokerage house Topline Securities said in its weekly review.

Topline said foreign corporate investors were among the largest sellers during the week, offloading equities worth $25.5 million, while mutual funds sold shares worth $54.5 million amid investor redemptions.

Banks, insurance companies and local corporates partly cushioned the sell-off, buying equities worth $36 million, $15.7 million and $14.3 million respectively during the week, according to the review.

Other economic developments during the week included Pakistan’s consumer price inflation for February rising to 6.98% from 5.80% in January and the country’s trade deficit widening to $2.98 billion for the month, up 8% from the previous month and 25% year-on-year.

Average daily trading volumes during the week stood at around 658 million shares, with average daily value reaching about Rs36.2 billion ($130 million), Topline said.