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Articles for tag: banking, ceasefire, equities, HBL, KSE-100, market, Meezan Bank, oil prices, Pakistan stock exchange, PSX, rebound, US-Iran

July 11, 2026

Frontpage.dev

Express Tribune

KSE-100 Rebounds 982 Points as US-Iran Back-Channel Signals Ease Gulf Risk Premium

The KSE-100 gained 982 points on July 11, settling at 182,241, as indications that the United States and Iran were continuing diplomatic back-channel talks eased the oil price panic that drove Thursday's 4,626-point collapse. Banking stocks led the recovery, with Meezan Bank up 2.46%, HBL up 1.82%, and UBL up 0.45%. The index hit an intraday high of nearly 2,218 points before profit-taking trimmed gains.

July 11, 2026

Frontpage.dev

Express Tribune

KSE-100 Rebounds 982 Points as US-Iran Back-Channel Signals Ease Gulf Risk Premium

The KSE-100 gained 982 points on July 11, settling at 182,241, as indications that the United States and Iran were continuing diplomatic back-channel talks eased the oil price panic that drove Thursday's 4,626-point collapse. Banking stocks led the recovery, with Meezan Bank up 2.46%, HBL up 1.82%, and UBL up 0.45%. The index hit an intraday high of nearly 2,218 points before profit-taking trimmed gains.

January 9, 2026

News Desk

Naqvi reveals new HBL PSL franchise holders based in USA, Australia

Home minister calls for continuation of bids of recent investment initiatives, saying it will generate Rs 36 billion for PCB Pakistan Cricket Chairman Mohsin Naqvi. SCREENGRAB Interior Minister and Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi on Thursday revealed the owners of the two new HBL Pakistan Super League (PSL) franchises that were auctioned, announcing that the successful bidders are based in the United States and Australia. Addressing a press conference after the bidding ceremony, along with the US Commissioner and the new franchise owners, Naqvi said five companies from the United States participated in the auction, calling it a

December 27, 2025

News Desk

PCB clears 10 bidders to auction two new HBL PSL franchises

Successful bidders to select franchise team names from Rawalpindi, Hyderabad, Faisalabad, Gilgit, Muzaffarabad, Sialkot The Pakistan Cricket Board has shortlisted 10 bidders for the sale of two new HBL Pakistan Super League (PSL) franchise teams, which will now participate in the auction, scheduled for January 8. According to a PCB statement, published on X, the PCB Bid Committee has successfully completed the technical evaluation of the proposals submitted by interested parties for the sale of the two new HBL PSL franchises. A total of 12 proposals were received from bidders from around the world and scrutinized by the PCB Bid

November 24, 2025

News Desk

Peshawar Zalmi extend HBL PSL franchise deal

NEW DEAL: Peshawar Zalmi were in action during the 10th season of HBL Pakistan Super League. Photo: PSL/file KARACHI: Peshawar Zalmi have agreed to extend their PSL franchise deal, while other franchises have until Tuesday to decide. However, the issues of the Multan Sultans remain unresolved. According to details, the Pakistan Cricket Board (PCB) recently conducted a valuation of the Pakistan Super League and its franchises. Based on this assessment, new franchise fees were determined. Franchises were initially given until November 20 to accept the new terms of the agreement, which was later extended to November 25. Sources say the

November 17, 2025

News Desk

HBL PSL11 schedule becomes a major concern

KARACHI: The schedule for the 11th season of HBL Pakistan Super League (PSL) has become a major issue as the franchises are demanding a significant increase in the number of matches after the inclusion of two new teams, while the PCB is reluctant due to the limited window available. According to details, the 11th edition of the Pakistan Super League will be held next year in April and May. The PCB has started the process of selling the two new franchises, but no consensus has yet been reached on the total number of matches. Initially 44 to 60 matches have

October 16, 2025

News Desk

PSX ends volatile session below 165,000 units

KARACHI: The Pakistan Stock Exchange (PSX) endured a roller-coaster session on Thursday as intense volatility saw bulls and bears battle for market control. By the close of session, the bears reigned supreme, dragging the KSE-100 down 1,242 points, or 0.75%, to settle at 164,445. Trading opened on a brisk note, buoyed by optimism over a 48-hour ceasefire between Pakistan and Afghanistan, which helped ease geopolitical concerns and initially boosted investor confidence. The index surged to an intraday high of 166,865 points—up 1,179 points (+0.71%)—reflecting early broad-based gains, according to Ali Najib, Deputy Head of Trading at Arif Habib Ltd. Market

July 4, 2025

News Desk

Ali Tareen criticizes PCB for ‘Lap Victory’ over HBL PSL x

The owner of the Multan Sultans Ali Tareen strongly criticizes the Pakistan Critic Council (PCB) to celebrate what is called a successful HBL Pakistan Super League (PSL) era, accusing officials of ignoring the pressing issues concerning the decline of the tournament in public interest. In a series of positions in social media following the recent PCB meeting in Lahore, Tareen rejected the Board of Directors’ claims to satisfy the HBL PSL X, saying that the underlying problems of the league had overcome. “Applause? You have to laugh,” he wrote on X, referring to the PCB video summary that praised the

May 18, 2025

News Desk

HBL PSL X repeats as Peshawar Zalmi chooses to fly against Karachi Kings

Listen to the article Babar Azam’s dazzling 94 was in vain, as Peshawar Zalmi fell into a high-ranking thriller, with Karachi Kings winning a 23-year-old victory to secure their point in the playoffs The Zalmi hunter started with Flair, as young Saim Ayub provided early impetus with a fluent 47 of 31 balls, hitting five bounds and a few six. However, he suffered an early blow when Mohammad Haris was rejected for 9 by Hasan Ali, caught by James Vince after a short but explosive camel. From there, Babar Azam took control. Combining the classic elegance with aggressive intention, the

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