* The CSE All-Share index fell 0.27% to 8,938.48, marking its worst week since Dec. 23.
* Sri Lanka's bailout package can be presented to the International Monetary Fund's board for approval as soon as the island nation obtains adequate assurances from bilateral creditors and meet remaining requirements, an IMF spokesperson said.
* The island nation has been struggling with its worst
economic turmoil since independence from Britain in 1948, which
has forced it to default on loans and seek a $2.9 billion
bailout from the International Monetary Fund.
* Sri Lanka is currently focused on getting financing
assurances from key bilateral creditors China and Japan.
* India, the third major creditor to Sri Lanka, agreed to
support the country's debt restructuring last month.
* Lanka IOC Plc and Teejay Lanka Plc were the biggest drags to the index, down 1.6% and 5.9%,
respectively, according to Refinitiv data.
* The trading volume on the CSE All-Share index fell to 40.3
million shares from 44.6 million in the previous session.
* The equity market's turnover rose to 1.41 billion Sri
Lankan rupees ($3.91 million)from 1.22 billion rupees on Monday,
according to exchange data.
* Foreign investors were net buyers in the equity market,
purchasing stocks worth 187.8 million rupees, while domestic
investors were net sellers, offloading 1.39 billion rupees worth
of shares, the data showed.
* For a report on global markets, click ($1 = 361.0000 Sri Lankan rupees)
(Reporting by Yagnoseni Das in Bengaluru; Editing by Rashmi
Aich)
