Oct 19 (Reuters) - Sri Lankan shares closed higher on Wednesday, following three straight sessions of losses, helped by gains in financials and consumer staples stocks.

* The CSE All-Share index settled 0.25% higher at 8,888.37.

* Fitch Ratings on Wednesday said Sri Lankan corporates in consumer-goods retail, power generation and homebuilding will be among the most affected if the economic crisis deepens or is sustained for a prolonged period.

* Sri Lanka on Tuesday approved legislation to let companies from oil-producing nations import and sell fuel as it attempts to cope with a steep oil bill that deepened its worst financial crisis in decades.

* Distilleries Company of Sri Lanka Plc and LOLC Holdings Plc were top boosts for the index on Wednesday, advancing 4.3% and 0.7%, respectively

* Trading volume on the CSE All-Share index rose to 83.2 million shares from 74.1 million shares in the previous session.

* The equity market's turnover was 1.53 billion Sri Lankan rupees ($4.23 million), according to exchange data.

* Foreign investors were net buyers in the equity market, purchasing 66.2 million rupees of shares, while domestic investors were net sellers, offloading stocks worth 1.52 billion rupees, data showed.

* For a report on global markets, click ($1 = 362.0000 Sri Lankan rupees) (Reporting by Navamya Ganesh Acharya in Bengaluru; Editing by Shinjini Ganguli)