March 9 (Reuters) - Sri Lankan shares closed higher for
a sixth straight session on Thursday, helped by gains in
industrials stocks.
* The CSE All-Share index rose 0.58% to 9,703.48.
* Sri Lanka aims to announce a debt-restructuring strategy
in April and step up talks with commercial creditors ahead of an
International Monetary Fund review of a bailout package in six
months, the nation's central bank governor told Reuters.
* The crisis-hit island has secured financing assurances
from all its major bilateral creditors, including India and
China, setting the stage for the IMF to give its final approval
for a $2.9 billion, four-year bailout package on March 20, the
multilateral lender said on Tuesday.
* The bailout is the culmination of months of negotiations
as Sri Lanka looks to emerge from its worst economic crisis in
more than seven decades.
* Trading volume fell to 97.5 million shares from 108.1
million in the previous session.
* The equity market's turnover fell to 2.49 billion Sri
Lankan rupees ($8.03 million), compared with 3.27 billion Sri
Lankan rupees in the previous session, according to exchange
data.
* Foreign investors were net buyers in equities, purchasing
stocks worth 268.5 million Sri Lankan rupees, while domestic
investors were net sellers, offloading shares worth 2.25 billion
Sri Lankan rupees, data showed.
* For a report on global markets, click ($1 = 310.0000 Sri Lankan rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru; Editing by
Varun H K)
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