KARACHI - Stocks closed bullish after Supreme Court gave government time till September 25 to draft the letter under NRO Implementation case. Investors’ interest was witnessed in stocks across the board on strong valuations, analyst observed here on Tuesday. At local equity market benchmark KSE-100 share index posted a fresh gain of 118.51 points or 0.77 percent to stop the day’s trading at 15,517.19 points as compared to 15,398.68 points of a day earlier. It is pertinent to note that KSE has crossed 15,500 points level after five years.Equity dealer at Topline Securities M. Rizwan said with dust appearing to settle on the political front with serenity prevailing in  NRO hearing and signs of early election, investors opted to take fresh position. The benchmark KSE-100 index surged by 118pts to inch further closer to all time high level of 15,676pts (April 18, 2008). However, activity remained skewed towards mid cap stocks with KESC, Fatima and PTCL leading the volumes.KSE-Allshare index up by 82.26 points or 0.76 percent to end the session at 10,945.31 points, KSE-30 share index higher by 132.39 points or 1.02 percent to finish the day at 13,172.64 points while KMI-30 share index augmented 295.78 points or 1.09 percent to settle at 27,535.43 points. Experts said surplus current account balance of $1.2b for August ‘12, new EU trade waiver on Pakistan exports, easing concerns on circular debt issue and speculations ahead of implementation of International Clearing House mechanism for telecom sector played a catalyst role in bullish sentiments despite concerns for security concerns in the city on anti-film protests.Market traded 128.678 million shares after opening at 97.940 million shares and the value of traded shares was climbed to Rs 4.529 billion from Rs 3.657 billion. capitalisation of stock market settled at Rs 3.941 trillion as compared to Rs 3.911 trillion of day earlier. Trading took place in 340 companies where gainers managed the strong lead over the losers 207 to 103 while the values of 30 stocks remained intact. Rafhan Maize Prod was the biggest price gainer of the day up by Rs 218 to Rs 4625 while the top losers were led by Siemens Pakistan down by Rs 45.82 to Rs 941.18. KESC was the volume leader of the day with 14.754 million shares as it closed at Rs 7.76 after opening at Rs 7.15. Fatima Fertilizer was on the second position with 10.101 million shares gained Rs 1.15 to stop at Rs 24.29. It was followed by PTCLA with 9.681 million shares added Re 0.60 to conclude at Rs 19.55, WorldCall Telecom with 5.794 million shares up by Re 0.18 to finish at Rs 3.12 and Fauji Cement with 5.759 million shares extended by Re 0.10 to lock at Rs 6.32.