SE Asia Stocks-Fall ahead of Powell speech; Singapore down over 1 pct

* Indonesia snaps three straight sessions of gains

* Vietnam posts sixth consecutive weekly gain

* S'pore industrial production growth slows in July

By Mensholong Lepcha

Aug 24 (Reuters) - Southeast Asian stock markets fell on

Friday after Sino-U.S. trade talks ended without any major

breakthrough, while investors braced for a speech from U.S.

Federal Reserve Chairman Jerome Powell for clues on the

direction of monetary policy.

Powell is due to give a speech later in the day at the

Jackson Hole, Wyoming, conference of central bankers. Where he

stands on the pace of interest rate hikes will be scrutinised

after minutes from the Fed's most recent policy meeting

indicated the central bank would tighten monetary policy soon.

Asian shares ex-Japan fell 0.4 percent after

U.S. and Chinese officials ended two days of talks on Thursday

with no major breakthrough. At the same time, their trade war

escalated with another round of duelling tariffs on $16 billion

worth of each country's goods taking effect.

In Southeast Asia, Philippine shares fell 0.5 percent

after two straight sessions of gains, but posted a weekly rise

of 2.4 percent.

"U.S.-China trade tension has affected sentiment on emerging

markets like Philippines. We are seeing some outflows of foreign

investments, so it is sentiment-driven today," said Rachelle

Cruz, an analyst with AP Securities.

Property developer Megaworld Corp fell 5.3 percent,

while Bank of the Philippine Islands shed 3.2 percent.

Singapore shares closed over 1 percent lower after

the previous session's sharp gains, dragged by financials.

Lenders DBS Group Holdings Ltd and United Overseas

Bank Ltd shed over 1.5 percent each.

The city-state's industrial production growth slowed

slightly on-year in July from a month ago, but still came in

above forecasts, data showed.

Malaysian shares snapped four straight sessions of

gains, but closed the week higher by 1.4 percent.

Public Bank Bhd and Petronas Gas Bhd

were the biggest drag declining about 1.6 percent each.

Vietnam shares closed flat, but posted their sixth

straight weekly gain. Indonesian shares snapped three

straight session of gains, while Thailand closed little

changed.

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SOUTHEAST ASIAN STOCK MARKETS

Change on the day

Market Current Previous Pct Move

close

Singapore 3213 3249.89 -1.14

Bangkok 1703.82 1704.8 -0.06

Manila 7766.47 7804.03 -0.48

Jakarta 5968.75 5982.985 -0.24

Kuala Lumpur 1808.59 1810.87 -0.13

Ho Chi Minh 987.05 987.36 -0.03

Change on year

Market Current End 2017 Pct Move

Singapore 3213 3402.92 -5.58

Bangkok 1703.82 1753.71 -2.84

Manila 7766.47 8558.42 -9.25

Jakarta 5968.75 6355.654 -6.09

Kuala Lumpur 1808.59 1796.81 0.66

Ho Chi Minh 987.05 984.24 0.29

(Reporting by Mensholong Lepcha; Editing by Subhranshu Sahu)