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SE Asia Stocks-Fall after Fed hike; Thailand hits 6-month low

* Singapore shares extend fall to 2-month low

* Malaysia down for 5th consecutive session

By Nicole Pinto

June 14 (Reuters) - Southeast Asian stock markets traded

lower on Thursday, with Thai shares hitting six-month lows,

after the U.S. Federal Reserve raised rates, as expected, and

took a more hawkish tone regarding the pace of rate hikes for

the rest of the year.

The Fed, on Wednesday, raised its benchmark overnight

lending rate a quarter of a percentage point and signalled two

additional hikes by the end of this year compared to one

previously, based on board members' median forecast.

The revision is only on the basis of one policymaker's

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change. As such, the Federal Open Market Committee (FOMC)

members remain divided on 2018 policy outlook. The median rate

hike for 2019 remains unchanged at 3 times, OCBC Treasury

Research said in a note.

Meanwhile, U.S. President Donald Trump will meet with his

top trade advisers on Thursday to decide whether to activate

threatened tariffs on billions of dollars in Chinese goods, a

senior Trump administration official said.

In the European Union, recent comments from top European

Central Bank (ECB) officials have sparked expectations that the

ECB may offer clues on its intentions to end its bond purchases

by the end of year at its upcoming meeting.

Thai shares fell 1 percent, dragged by energy and

material stocks. Siam Cement Pcl dropped as much as 2.3

percent to a more than two-year low and PTT Pcl fell

nearly 1.5 percent.

Singapore shares fell for a third straight session

and hit their lowest since April 4.

Big banks DBS Group Holdings Ltd and

Oversea-Chinese Banking Corp Ltd slipped more than 0.8

percent each, while top taxi operator ComfortDelgro

declined 4.5 percent.

Philippine shares fell more than 1.6 percent to a

two-week low, with SM Prime Holdings Inc shedding 3.7

percent.

Malaysian shares were headed for a fifth straight

session of fall, dragged by telecom and financial stocks.

Indonesian, Malaysian, Philippine and Singapore

markets are closed on Friday for local holidays.

For Asian Companies click;

SOUTHEAST ASIAN STOCK MARKETS: Change as at 0418 GMT

Change on the day

Current Previous Close Pct Move

Singapore 3380.04 3392.51 -0.37

Bangkok 1703.16 1718.34 -0.88

Manila 7541.98 7602.98 -0.80

Kuala Lumpur 1749.17 1763.57 -0.82

Ho Chi Minh 1025.47 1030.53 -0.49

Change on year

Market Current End 2017 Pct Move

Singapore 3380.04 3402.92 -0.67

Bangkok 1703.16 1753.71 -2.88

Manila 7541.98 8558.42 -11.88

Kuala Lumpur 1749.17 1796.81 -2.65

Ho Chi Minh 1025.47 984.24 4.19

(Reporting by Nicole Pinto; Editing by Subhranshu Sahu)