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Sri Lankan shares close higher as industrial stocks surge

Sept 14 (Reuters) - Sri Lankan shares gained nearly 2% on Tuesday, bouncing back from a near three-week low hit in the previous session, helped by gains in industrial and financial stocks and as the government appointed a new central bank governor.

* Sri Lanka re-appointed state minister Ajith Nivard Cabraal as the governor of its central bank, effective Sept. 15, the President’s office said in a statement on Monday.

* The appointment comes after former governor, Weligamage Don Lakshman, said on Friday he will step down, at a time when the South Asian nation is at the risk of a default.

* The CSE All-Share index rose 1.82% to 8,692.60 points at the closing bell, after logging its worst day since February on Monday.

* Conglomerates Expolanka Holdings Plc and LOLC Holdings were top boosts, rising 6% and 3%, respectively.

* The equity market's turnover was 3.6 billion Sri Lankan rupees according to stock exchange data here.

* Trading volume on the exchange fell to 148.7 million shares from 228.2 million shares in the previous session.

* Foreign investors were net sellers in the equity market, offloading shares worth 219 million rupees, exchange data showed.

* The island-nation reported 2,560 new coronavirus cases in the last 24 hours, taking the total to 488,482.

* It reported 135 fatalities due to COVID-19 in the last 24 hours, bringing the death toll to 11,431, health bureau data showed here.

* About 48.52% of the country's population is fully vaccinated so far, data from Johns Hopkins University showed bit.ly/3C2sMpY.

* For a report on global markets, click

* For a report on major currencies, click (Reporting by Nallur Sethuraman in Bengaluru; Editing by Amy Caren Daniel)

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