CENTURION: South Africa will be eyeing a place in the World Test Championship final with an all-seam attack against Pakistan in the first test, starting Thursday.
The Proteas need to win one of its remaining two test matches in this WTC cycle to guarantee a place at the Lord’s final next year and captain Temba Bavuma believes expectations have risen in his team to do well in the two-test series.
“There’ll be pressure that comes with that,” Bavuma said. “But to be honest with you, we’re coming into the series to win the series 2-0. We understand that for us to do that, there’s certain things that we need to do as a team: keep things simple, keep doing the small things right, and allow the results to take care of itself.”
South Africa has included four fast bowlers in the lineup with Corbin Bosch, who consistently bowls above 140 kph, set to play his first test at his hometown.
Seasoned fast bowlers Kagiso Rabada and Marco Jansen will team up with Dane Paterson and Bosch to challenge Pakistan's batters on an expected pacey Centurion pitch where fast bowlers have a clear advantage over the last six years, picking up 227 wickets with spinners dismissing only 16 batters.
Heading into the tests, South Africa's top-order batters did struggle against Pakistan in a rare 3-0 ODI whitewash with Tony de Zorzi, Ryan Rickelton and Tristan Stubbs all failing to read the offspin bowling of Salman Ali Agha in the opening game of the series.
“Whether it’s easy, whether it’s hard, we’ve got to find a way to do it,” Bavuma said. “Whatever, I don’t know, trauma that was there ... guys will have to deal with it.”
Pakistan have long been struggling in test matches in South Africa, losing 12 and winning just two of the 15 test matches since it first toured the country in 1995. Pakistan's below-par show in South Africa includes its lowest test score of 49 at the Wanderers in 2013.
Pakistan are lying at No. 7 in the WTC points table and Aaqib Javed is its fourth head coach in this WTC cycle with Mickey Arthur and Mohammad Hafeez quitting after one series. Jason Gillespie resigned just two weeks before Thursday’s test.
Gillespie, who was hired by the Pakistan Cricket Board in April, had a horror start to his two-year contract when Bangladesh swept Pakistan in Pakistan 2-0 in the test series before England won the first test at Multan.
Gillespie was removed from the selection panel and Javed masterminded Pakistan’s back-to-back wins against England on two engineered spinning pitches where Noman Ali and Sajid Khan bagged 39 wickets.
But Pakistan has brought in only Noman Ali for the two-test series in South Africa and is still contemplating whether to follow South Africa and go with an all-out pace attack.
Shaheen Shah Afridi, who played in the preceding white-ball series in South Africa, has been surprisingly left out for the test matches.
Naseem Shah and Babar Azam return to the test fold after missing the last two home tests against England while selectors have recalled seamer Mohammad Abbas after three years with the left-arm seam option of Mir Hamza in the squad.
Abbas took 90 wickets in 25 test matches from 2017 to 21 before he ran out of selectors’ favor despite his consistent performances for Hampshire in England and in domestic first-class cricket.

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Wednesday, losing 21.63 points, or 0.18 percent, to close at 11,892.32.

The total trading turnover of the benchmark index was SR2.79 billion ($746 million), as 132 of the stocks advanced and 86 retreated. 

The Kingdom’s parallel market Nomu gained 86.66 points, or 0.28 percent, to close at 31,007.06. This comes as 49 of the listed stocks advanced, while 29 retreated. 

The MSCI Tadawul Index lost 3.16 points, or 0.21 percent, to close at 1,493.74. 

The best-performing stock of the day was Al-Baha Investment and Development Co., whose share price surged 8.33 percent to SR0.52. 

Other top performers included Red Sea International Co., whose share price rose 6.32 percent to SR60.60 and Saudi Industrial Development Co., whose share price surged 5.07 percent to SR30.05.

MBC Group Co. recorded the biggest drop, falling 3.31 percent to SR52.50.

Bawan Co. also saw its stock prices fall 3.05 percent to SR54.10.

Savola Group saw its stock prices drop 2.97 percent to SR35.90.

On the announcements front, Saudi Arabian Mining Co., also known as Ma’aden, has announced ‎acquiring a full stake of Mosaic Phosphate in Waad Al-Shamal Phosphate Co. 

According to a Tadawul statement, the financial impact of the acquisition will be reflected in the company’s consolidated financial statements for the year ending Dec.31.

Ma’aden ended the session at SR49.20, up 0.61 percent.

Kingdom Holding Co. has announced the acquisition of an additional stake in xAI, with a total investment of SR 1.5 billion, as part of xAI’s Series C funding round. 

A bourse filing revealed that the transaction comes after KHC’s previous investment of the same amount in xAI during its Series B funding round. 

The move falls in line with KHC’s strategic collaboration with Elon Musk, and also follows its strategic stake in X, formerly known as Twitter, held since 2015. xAI is an artificial intelligence firm established by Elon Musk and a team of top-notch engineers to build AI to further accelerate human scientific discovery as a whole.

KHC ended the session at SR9.35, up 0.88 percent.

Bank Al-Jazira has announced its intention to issue Additional Tier 1 Sukuk under its SR 5 billion Additional Tier 1 Capital Sukuk Issuance Program by way of private placement in Saudi Arabia. 

According to a Tadawul statement, the bank has mandated Al-Jazira Capital, Al-Rajhi Capital and HSBC Saudi Arabia as joint lead managers and dealers for the potential offer. The filing further revealed that the purpose of the offer is to bolster the capital base of the bank, thereby backing its financial and strategic needs.

Bank Al-Jazira ended the session at SR18.64, up 0.21 percent.

Methanol Chemicals Co. has announced the approval of the Ministry of Energy’s request to renew the allocation of the required feedstock to produce several specialized petrochemical products. 

A bourse filing revealed that this follows the company’s Industrial Plot Allocation Agreement with Jubail and Yanbu Industrial Cities Services Co. in the PlasChem Park in Jubail (2) to establish and operate a Choline Chloride and Methyl Diethanolamine Methane plant.

Methanol Chemicals Co. ended the session at SR18.70, down 0.32 percent.

View United Real Estate Development Co. has signed a memorandum of understanding with Watheeq Capital to establish real estate funds to enhance investment opportunities.

According to a Tadawul statement, it will be valid from the date of its signature for one year, and will not be automatically renewed except by a written agreement signed between the two parties.

View United Real Estate Development Co. ended the session at SR68.50, down 0.70 percent.