Syed Raza Hassan, Author at HUM News

Home
Syed Raza Hassan

Syed Raza Hassan

Author Stories

Latest

Syed Raza Hassan Web Desk
Jun 17, 2025

PSX witnesses lackluster session amid continuing Middle East conflict

Profit-taking in the latter part of the session dragged the index down, with the KSE-100 closing at 121,971.04

Latest

Syed Raza Hassan
Jun 16, 2025

PSX sees pullback following global market recovery

Positive contributions came from BAHL, OGDC, NBP, MARI, and MEBL, collectively adding 371 points to the index. On the other hand, sales in ENGROH, PKGP, and LUCK weighed on performance, subtracting a combined 255 points.

Business

Syed Raza Hassan
Jun 13, 2025

PSX closes negative amid Middle East crisis, surging oil prices

Top negative contributions to the index came from ENGROH PA, FFC PA, LUCK PA, BAHL PA, MEBL PA, SYS PA and PPL PA, as they cumulatively contributed -863 points to the index.

Business

Syed Raza Hassan
Jun 12, 2025

Car sales up by 39pc, two and three wheelers record three-year high

The month-on-month increase was mainly due to lower base as April 2025 saw road closure in Sindh (due to strikes over canal issues) which delayed deliveries and thus lower sales.

Latest

Syed Raza Hassan
Jun 10, 2025

‘Raising tax on interest income may incentivize shift towards equity investment’

From the equities standpoint, raising the tax rate on interest income from debt instruments to 20 per cent coupled with the introduction of proportional taxation on mutual funds dividends from equities at lower rates, may incentivize a shift towards equity investments.

Business

Syed Raza Hassan
Jun 10, 2025

Pakistan Stocks witness range-bound session, ahead of budget announcement

Budget optimism, successful discussions with the international lenders and improving macroeconomic indicators are fueling PSX growth.

Latest

Syed Raza Hassan Web Desk
Jun 05, 2025

PSX closes lower amid IMF agri tax compliance demand, profit-taking

Index closes slightly lower, shedding 157.86 points, or 0.13 per cent, to settle at 121,641

Business

Syed Raza Hassan
Jun 04, 2025

KSE-100 sets a new high on hope of tax relief, circular debt solution

Expectations of tax relief and progress in resolving the circular debt issue propelled the benchmark KSE-100 on Wednesday to an all-time high of 121,799 with a gain of 1,347.99 points, or 1.12 per cent, as the budget session is scheduled next week after Eid holidays.