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Second straight gain on the most advancers since 6 October: KSE-100 adds 0.46% to 166,186.16, 11.35% below the record, as PTC rebounds 7.62% and refineries rise again

The KSE-100 gained 0.46% to 166,186.16 on Thursday, 769 points above Wednesday's 165,417.50 and its first back-to-back gains since 6 and 7 October, for a two-session rise of 0.86% from Tuesday's 164,776.44. The index remains 2,523 points under the 10% line at 168,710 for an eleventh straight session, 11.35% below the 6 July record and 2.83% under the 24 July low of 171,021.20 for a sixteenth, but it closed 0.19% above the 5 October close of 165,867.31; it is 0.54% lower on the week so far against Friday's 167,089.27. Breadth was firmer: 291 advancers against 169 decliners across the 499-name board, the most advancers since 6 October's 312, with 27 of 33 sectors higher and 352m traded in advancing names against 159m in declining ones on a 517m tape, down from Wednesday's 586m. PTC rebounded 7.62% to Rs 55.06 on 14m after five straight losses, the refineries rose for a second session with all four names higher - PRL up 4.61% on 43m and CNERGY 0.71% on 63m, the busiest name - and Commercial Banks gained 0.47% with 13 of 19 higher. LSEFSLR, the rights line, fell 18.95% to Rs 0.77 on 17m. The KSE-30's 0.52% gain was the strongest of the four gauges and the KSE-100's 0.46% the mildest.