SE Asia Stocks-Fall as global economy risks pressure markets

* Singapore extends losses into 5th straight session

* Indonesia resumes fall after previous session's gains

By Ambar Warrick

Aug 16 (Reuters) - Southeast Asian stocks fell on Thursday,

pressured by an extending rout in Asian equities as Turkey's

currency woes and protectionist U.S. trade policies sparked

jitters over the global economic health.

Worries of a growth slowdown in China also contributed to

losses across global markets, after a slew of soft Chinese

economic data out earlier this week.

Wall Street fell overnight in heavy trading as technology

and retail stocks tumbled on risk aversion after disappointing

earnings.

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

fell to a one-year low on Thursday, having

plunged about 4 percent since last week.

The lira had plunged to an all-time low at the start of the

week as tensions between Ankara and Washington flared amid

worries over President Tayyip Erdogan's economic policies.

"The trade war between the U.S. and Turkey, which resulted

in a free-fall of the Turkish lira, has affected emerging

markets, especially Asia," said Manny Cruz, an analyst at

Asiasec Equities.

Singapore shares fell 0.5 percent to a more than

one-month low, set to extend losses into a fifth straight

session. Oversea-Chinese Banking Corp Ltd and United

Overseas Bank Ltd dropping about 1 percent each.

Indonesian shares slipped after closing higher on

Wednesday, when the central bank raised its benchmark interest

rate.

However, Bank Indonesia also flagged weaker economic growth

for the year.

"Weakening growth will continue to drag market sentiment,

and it should compel fund managers and foreign investors to

continue selling," Cruz said.

The index of the country's 45 most liquid stocks

slipped 0.3 percent.

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SOUTHEAST ASIAN STOCK MARKETS AS AT 0343 GMT

Change on the day

Market Current Previous close Pct Move

Singapore 3218.57 3234.12 -0.48

Bangkok 1666.41 1676.29 -0.59

Manila 7507.22 7540.92 -0.45

Jakarta 5804.555 5816.59 -0.21

Kuala Lumpur 1778.27 1785.94 -0.43

Ho Chi Minh 952.91 961.37 -0.88

Change on year

Market Current End 2017 Pct Move

Singapore 3218.57 3402.92 -5.42

Bangkok 1666.41 1753.71 -4.98

Manila 7507.22 8558.42 -12.28

Jakarta 5804.555 6355.654 -8.67

Kuala Lumpur 1778.27 1796.81 -1.03

Ho Chi Minh 952.91 984.24 -3.18

(Reporting by Ambar Warrick in Bengaluru; Editing by Amrutha

Gayathri)