SE Asia Stocks-Edge lower tracking broader Asia

* China Q3 GDP growth slowest since global financial crisis

* Philippine shares down after 3 straight sessions of gains

* Malaysian shares decline over 1 pct to hit one-week low

By Rashmi Ashok

Oct 19 (Reuters) - Southeast Asian stock markets inched

lower on Friday, tracking weakness in broader Asia on concerns

about China's growth, trade disputes, rising U.S. interest

rates and Italy's free-spending budget.

China's third-quarter economic growth slowed to its weakest

pace since the global financial crisis, and missed expectations,

as a years-long campaign to tackle debt risks and the trade war

with the United States began to bite.

MSCI's broadest index of Asia-Pacific shares outside Japan

was 0.3 percent weaker, while the Shanghai

Composite index fell as much as 1.5 percent to its

lowest since Nov. 21, 2014.

Malaysian shares declined 1.1 percent to a one-week

low, before erasing some of the losses. Telecom stocks were the

top losers with Telekom Malaysia Berhad shedding 3.2

percent and Maxis Berhad declining 2 percent.

"We attribute the early losses to a knee-jerk reaction over

the 1.3 percent drop in the Dow Jones Industrial Average

overnight," said Kifni Kamaruddin, chief strategist at MIDF

Research.

Investors remained cautious, especially in view of the

heightened market volatility seen on Wall Street, and for the

rest of the day, cues may likely emerge from foreign economies,

he added.

Singapore shares edged lower, dragged by Yangzijiang

Shipbuilding (Holdings) Ltd, which fell 11 percent,

and palm oil processor Golden Agri-Resources Ltd,

which declined 4.1 percent. The key benchmark stock index was

down 0.2 percent for the week.

Philippine shares were down after three straight

sessions of gains, hurt by industrial and real estate stocks.

Property and retail conglomerate SM Investments Corp

fell 0.9 percent, while index heavyweight Ayala Land Inc

declined 0.5 percent.

Indonesian shares slipped for a second session in a

row, with sector heavyweight Telekomunikasi Indonesia Tbk

shedding 1.3 percent and Bank Central Asia Tbk PT

declining 0.5 percent.

Vietnam shares were the biggest losers in the region

with a drop of up to 1.8 percent. Oil and gas company

Petrovietnam Gas Joint Stock Corporation dropped 3.1

percent, while Vingroup Joint Stock Company fell 1.1

percent.

For Asian Companies click;

SOUTHEAST ASIAN STOCK MARKETS at 0421 GMT

Market Current Previous close Pct Move

Singapore 3062.3 3069.67 -0.24

Bangkok 1671.68 1682.91 -0.67

Manila 7116.88 7141.25 -0.34

Jakarta 5841.1 5845.242 -0.07

Kuala Lumpur 1729.92 1738.01 -0.47

Ho Chi Minh 953.13 963.47 -1.07

Change on year

Market Current End prev yr Pct Move

Singapore 3062.3 3402.92 -10.01

Bangkok 1671.68 1753.71 -4.68

Manila 7116.88 8,558.42 -16.84

Jakarta 5841.1 6,355.65 -8.10

Kuala Lumpur 1729.92 1796.81 -3.72

Ho Chi Minh 953.13 984.24 -3.16

(Reporting by Rashmi Ashok; Editing by Subhranshu Sahu)