Feb 21 (Reuters) - Sri Lankan shares closed higher on
Tuesday after the country's cabinet approved loan repayments
worth $2.6 billion in the first half of this year.
* The CSE All Share index rose 0.70% to 9,146.35,
marking its fourth straight session of gains.
* The approved loan repayments, in line with the country's
debt suspension plans, will include $2 billion in foreign loan
repayments and $540 million in interest payments.
* Repayments will also include $709 million in
dollar-denominated Sri Lanka Development Bonds and $46 million
in interest payments.
* Sri Lanka's National Consumer Price Index eased year-on-year to 53.2% in January, after a 59.2% rise in
December, the statistics department said after the markets
closed on Tuesday.
* The trading volume on the CSE All Share index fell to 69.5
million shares from 98.2 million in the previous session.
* The equity market's turnover rose to 2.42 billion Sri
Lankan rupees ($6.70 million) from 2.28 billion rupees in the
previous session, according to exchange data.
* Foreign investors were net sellers in the equity market,
offloading stocks worth about 629.9 million rupees, while
domestic investors were net buyers, purchasing 2.27 billion
rupees worth of shares, the data showed.
* For a report on global markets, click ($1 = 361.0000 Sri Lankan rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru; Editing by
Shilpi Majumdar)
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