Fourth straight gain on the heaviest tape since early September: KSE-100 adds 0.88% to 167,193.43, its highest close since 8 October, as CNERGY hits the limit on 184m

Sector micro-analysis

Seventeen of 33 sectors closed higher and 16 lower, with Cable and Electrical Goods the only one of the 33 to close with no advancer. The Refinery sector led with all four names higher: CNERGY up 10.00%, PRL 7.06%, NRL 3.77% and ATRL 2.15%. Textile Composite followed with 21 names up and 12 down, then Textile Weaving at 1.51% on ASHT's 4.31% and PRWM's 3.62%, Fertilizer 1.38% with all five up on FATIMA's 2.77%, FFC's 2.18% on 2m and EFERT's 1.34%, Textile Spinning 1.30% on DSIL's 10.01% on 5m with a 20-20 split, Oil and Gas Marketing Companies 0.97% with seven of ten up on HTL's 10.01% and SNGP's 2.43% on 3m against SPSL's 8.34% fall on 17m, the Exchange Traded Funds 0.90%, Cement 0.81% with 9 of 19 up on FLYNG's 9.99%, THCCL's 4.52% on 4m and KOHC's 3.64%, Engineering 0.75%, Investment Banks, Investment Companies and Securities Companies 0.71% with 15 of 32 up on PASL's 19.89%, Pharmaceuticals 0.67%, Commercial Banks 0.64% with 13 of 19 up on SBL's 8.61% on 4m, MCB's 2.54% and HBL's 2.52% on 3m against NBP's 1.74% fall on 2m, Insurance 0.54% and the E&Ps 0.37% with three of four up. The lower sectors included Cable and Electrical Goods, down 3.02% on EMCO's 6.90%, WAVESAPP's 3.27% on 3m and WAVES's 1.90% on 4m, Apparel 2.81%, Paper, Board and Packaging 2.16% on CEPB's 8.47% and MACFL's 8.21%, both on 3m, Property 1.89% with TPLP down 1.21% on 33m, the Close-End Mutual Funds 1.38%, Synthetic and Rayon 1.24%, Power Generation and Distribution 0.77% with nine of 16 up as NGLEL's 10.02% fall met KEL's 2.23% gain on 47m, Technology and Communication 0.69% with 14 of 21 lower as TPLT's 1.45% fall met PTC's 7.42% gain on 15m, Chemical 0.66% on BAPLR1's 15.11% fall, Modarabas 0.36% on UCAPM's 9.83% and PIM's 10% falls and Food and Personal Care Products 0.33%.