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Zimbabwe Stuns Sri Lanka in T20 World Cup 2026 Thriller: Bennett and Raza Lead Tense Chase to Victory

Zimbabwe delivered a masterclass in Group B of the ICC Men’s T20 World Cup 2026, toppling hosts Sri Lanka by 6 wickets in a nail-biting chase at Colombo. Chasing a target of 174, the Chevrons showcased depth across batting and bowling, with Brian Bennett’s explosive 70 off 49 balls and captain Sikandar Raza’s unbeaten 62 steering them home with 5 balls to spare. Sri Lanka posted 173/6 thanks to half-centuries from Pathum Nissanka (60) and Kusal Mendis (52), but Zimbabwe’s bowlers led by Blessing Muzarabani’s 3/25  kept things tight. This win propelled Zimbabwe to the top of Group B, boosting their Super 8s hopes. Relive the action in the ICC’s official match highlights video . Key Performances and Turning Points Bennett’s aggressive knock, featuring 5 sixes and 6 fours, set the tone after early wickets, while Raza’s composed finish under pressure sealed the deal amid a roaring Colombo crowd. Muzarabani’s death-over yorkers restricted Sri Lanka, who lost momentum after a strong p...

Shares at PSX Surge as Inflation Indicators Improve



In a positive turn of events, the Pakistan Stock Exchange (PSX) witnessed a significant surge as shares gained over 600 points, reflecting improving inflation indicators. This surge has instilled optimism in the market, with experts attributing the positive trend to various factors such as political stability, favorable inflation numbers, and the anticipation of a stronger economy ahead.


The Bullish Trend:

On Tuesday, the KSE-100 index experienced a remarkable gain of 680.68 points, or 1.05 percent, reaching 65,571.18 points at 12:55pm. The index closed at 65,502.59, marking a considerable increase of 612.09 points from the previous close. This surge in shares at the PSX has caught the attention of investors and market participants alike.


Factors Driving the Market:

Experts in the field suggest that the current market conditions indicate a consolidation phase within the range of 63,500 to 66,000. This outlook is supported by the resolution of political uncertainty and promising inflation numbers, both of which contribute to positive indicators for an economic upswing.


The recent resolution of political uncertainty has brought stability to the market, instilling confidence in investors. Additionally, favorable inflation numbers have provided reassurance that the economy is moving towards a more stable and controlled state. The State Bank of Pakistan's Monetary Policy Committee (MPC) has maintained the interest rate at 22 percent, emphasizing the need for a cautious approach to bring inflation down to the target range of 5-7 percent by September 2025.


Investment Opportunities:

Given the positive market outlook, experts recommend considering portfolio allocations towards sectors such as oil and gas, as well as banking stocks. These sectors are expected to benefit from the improving economic conditions and provide potential growth opportunities for investors.


Furthermore, companies listed on the PSX have reported robust earnings growth, and their valuations are notably inexpensive. This presents an encouraging scenario for investors looking to capitalize on the market's positive momentum.


Long-Term Prospects:

The market sentiment remains bullish, with an optimistic view of favorable trends in the coming days. While short-term fluctuations may occur, the overall market outlook suggests a positive trajectory. The new team in the finance ministry is determined to fulfill the country's obligations under the current International Monetary Fund (IMF) program while pursuing a longer-term plan.


Conclusion:

The surge in shares at the PSX reflects improving inflation indicators and positive market conditions. Factors such as political stability, favorable inflation numbers, and the anticipation of a stronger economy have contributed to this upward trend. Investors are advised to carefully consider allocating their portfolios towards sectors expected to benefit from the market's positive momentum. As the market stabilizes and the economy strengthens, the potential for growth and profitability in the Pakistani stock market appears promising.

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