June 2 (Reuters) - Sri Lankan shares snapped seven straight sessions of losses on Thursday, supported by gains in financial and industrial stocks.

* The CSE All-Share index settled 0.43% higher at 8,099.51. It rose 6.35% last month.

* Ceylinco Insurance Plc and conglomerate Expolanka Holdings Plc were top boosts to the index, closing 22.4% and 1.5% higher, respectively.

* Sri Lanka, an island nation of 22 million people, is currently reeling under its worst economic crisis since independence in 1948.

* The South Asian country defaulted on some overseas debt earlier this year and with a severe shortage of foreign exchange, it is struggling to pay for imports of basics such as fuel and medicine.

* The country is in talks with the International Monetary Fund to borrow at least $3 billion via the lender's extended fund facility, sources familiar with the matter told Reuters on Wednesday.

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(Reporting by Rama Venkat in Bengaluru; Editing by Maju Samuel)