SE Asia Stocks-Fall; Indonesia at 2-month low on rates, current account concerns

BANGKOK, Nov 13 (Reuters) - Indonesian shares fell to a

two-month low on Wednesday as higher interest rates raised

concerns about economic growth, while Philippine stocks

retreated amid concerns over the impact of the typhoon Haiyan.

Jakarta's Composite Index finished down 1.8 percent

at 4,301.89, the lowest close since Sept. 9. Among

underperformers, Telekomunikasi Indonesia fell 4.5

percent and Semen Indonesia dropped 4.1 percent.

Bank Indonesia's unexpected interest rate hike on Tuesday

and cautions ahead of the release of current account data for

the third quarter kept investors wary.

After the market hours, Bank Indonesia released the current

account deficit that was 3.8 percent of gross domestic product

in the third quarter, or the equivalent of $8.4 billion.

The Philippine main index ended down 0.05 percent

after falling 1 percent at one point, while the Thai SET index

eased 0.6 percent after two sessions of gains.

Stocks in Singapore, Malaysia and Vietnam

drifted into negative territory amid uncertainty about

the timing of a cut in the U.S. Federal Reserve stimulus and the

fine print of economic reforms in China.

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SOUTHEAST ASIAN STOCK MARKETS

Change on day

Market Current Prev Close Pct Move

TR SE Asia Index* 406.32 408.15 -1.83

Singapore 3166.74 3180.25 -0.42

Kuala Lumpur 1782.49 1794.80 -0.69

Bangkok 1404.77 1413.08 -0.59

Jakarta 4301.89 4380.64 -1.80

Manila 6320.96 6324.17 -0.05

Ho Chi Minh 496.12 497.65 -0.31

Change on year

Market Current End prev yr Pct Move

TR SE Asia Index* 406.32 424.10 -4.19

Singapore 3166.74 3167.08 -0.01

Kuala Lumpur 1782.49 1688.95 +5.54

Bangkok 1404.77 1391.93 +0.92

Jakarta 4301.89 4316.69 -0.34

Manila 6320.96 5812.73 +8.74

Ho Chi Minh 496.12 413.73 +19.91

* The Thomson Reuters South East Asia Index is a

highly representative indicator of stocks listed in Indonesia,

Malaysia, the Philippines, Singapore, Thailand and Vietnam.