KARACHI - Stocks closed igher led by telecom and cement sector stocks amid speculations for easing policy rate after CPI inflation for Aug’12 come at 9.05pc, analyst observed here on Monday. At local equity market benchmark KSE-100 share index gained 36.91 points or 0.24 percent to close the day’s trading at 15,428.49 points as compared to 15,391.58 points of the last working day on Friday. Equity experts said that strong valuations in blue chip stocks, higher local cement prices, speculations ahead of implementation of International Clearing House mechanism for telecom sector and lower depreciation allowance for imported cars played a catalyst role in bullish sentiments at KSE despite concerns for power crisis in the countryKSE-Allshare index up by 34.97 points or 0.32 percent to end the session at 10,879.50 points, KSE-30 share index extended by 19.66 points or 0.15 percent to end the day at 13,249.59 points while KMI-30 share index increased by 50.07 points or 0.18 percent.  Overall benchmark KSE-100 index continued its climb towards its historic high to close well above 15,400 points level. Volumes continued to be dominated by telecom scripts where PTC was volume leader followed by WTL and Telecard, dealers observed.  Share market traded 200.619 million shares after opening at 242.063 million shares and the values of traded shares was minimised to Rs 5.798 billion from Rs 7.845 billion. Capitalisation of equity market settled at Rs 3.931 trillion as compared to 3.919 trillion of a day earlier. Trading took place in 320 companies where gainers outnumbered the losers 174 to 125 while the values of 21 stocks remained intact. Wyeth Pak Limited was the biggest price gainer of the day increased by Rs 48.00 to Rs 1008.00 while the top loser was led Indus Dyeing shed Rs 19.99  to Rs 380.20.  PTCLA was the volume leader of the day with 21.193 million shares up by Re 1 to conclude at Rs 19.04. WorldCall Telecom was on the second position with 13.738 million shares shed by Re 0.24 to close at Rs 3.05. It was followed by Telecard Limited with 11.509 million, Engro Foods limited 9.567 million, Maple Leaf Cement with 9.231 million, Engro Corporation with 8.402 million, Pakgen PowerSPOT with 6.508 million, Fauji Cement with 5.570 million, Lafarge Pakistan with 5.086 million and National Bank Pak with 4.902 million shares.