SE Asia Stocks-Fall as renewed trade war fears weigh on sentiment

* Singapore drops over 1 pct, biggest loser in SE Asia

* Indonesia down after two straight sessions of gains

* Vietnam retreats from record high hit in early trade

By Nicole Pinto

April 3 (Reuters) - Southeast Asian stock markets fell on

Tuesday in line with global equities amid escalating trade war

fears and worries over the fading outlook for global tech

giants.

Investors were on the back foot as China imposed extra

tariffs on 128 U.S. products, deepening a dispute between the

world's top two economies and stoking concerns about the impact

on global growth.

"While the impacted quantum is admittedly small, the risk of

a downward spiral to tit-for-tat trade measures has appreciably

increased," Mizuho Bank said in a note, adding that: "investors

were keen to take risk off the table given the circumstances."

Technology shares on Wall Street were hit hard overnight

after U.S. President Donald Trump attacked Amazon.com

over the pricing of its deliveries through the United States

Postal Service and promised unspecified changes.

The selling added to what has been a rough patch for

technology shares this year. Facebook, Apple and

some of their peers had a woeful last quarter as investors

reassessed high U.S. stock valuations in light of a cocktail of

negative factors.

In Southeast Asia, Singapore shares fell more than 1

percent in broad-based losses.

Being export driven, the city-state would be "quite

impacted" in case of a trade war, said an analyst from

Singapore.

Financial and industrial stocks were the top losers with DBS

Group Holdings Ltd shedding up to 1.3 percent and

Keppel Corp Ltd declining 1.7 percent.

Indonesian shares dropped as much as 0.6 percent

with Bank Mandiri (Persero) Tbk PT declining nearly 2

percent and Telekomunikasi Indonesia (Persero) Tbk Perusahaan

Perseroan PT shedding 1.4 percent.

Philippine shares declined 0.8 percent, dragged down

by financials. Security Bank Corp fell as much as 2.5

percent to a more than one-month low, while Bank of the

Philippine Islands plunged 5 percent.

Vietnam shares slipped 0.7 percent, dragged by real

estate and industrial stocks, after hitting a record high in

early trade. The key Vietnam stock index climbed 1.9 percent to

an all-time closing high in the previous session on the back of

gains in financial and real estate stocks.

For Asian Companies click;

SOUTHEAST ASIAN STOCK MARKETS: Change as at 0325 GMT

Market Current Previous Pct Move

close

Singapore 3398.4 3430.76 -0.94

Bangkok 1778.13 1782.28 -0.23

Manila 8021.45 8039.45 -0.22

Jakarta 6216.213 6240.571 -0.39

Kuala Lumpur 1857.54 1858.35 -0.04

Ho Chi Minh 1189.97 1196.61 -0.55

Change so far

in 2018

Market Current End 2017 Pct Move

Singapore 3398.4 3402.92 -0.13

Bangkok 1778.13 1753.71 1.39

Manila 8021.45 8558.42 -6.27

Jakarta 6216.213 6355.654 -2.19

Kuala Lumpur 1857.54 1796.81 3.38

Ho Chi Minh 1189.97 984.24 20.90

(Reporting by Nicole Pinto; Editing by Subhranshu Sahu)