SE Asia Stocks-Hit by rising U.S. bond yields

* U.S. September employment data awaited

* Indonesia down for 5th straight session

* Philippine inflation highest since 2009

By Niyati Shetty

Oct 5 (Reuters) - Southeast Asian stock markets fell on

Friday on worries of foreign fund outflows after benchmark U.S.

Treasury yields surged to seven-year highs and strong economic

data stoked concerns about inflation and a more vigorous rate

hike cycle by the Federal Reserve.

On Thursday, 10-year U.S. Treasury yields rose to a fresh

seven-year high, on anticipation that Friday's monthly payrolls

report would be stronger than expected, with investors looking

closely at the data for signs of wage growth.

A survey of the U.S. services sector showed on Wednesday

activity raced to a 21-year high in September, sparking

speculation the payrolls report could also surprise.

A Reuters poll showed non-farm payrolls to increase 185,000

in September, lower than the previous month's 201,000 rise.

Meanwhile, earlier this week, Fed Chairman Jerome Powell

emphasized that the outlook for the U.S. economy is "remarkably

positive" and that the central bank many raise the interest

rates above the estimated "neutral" setting.

Indonesian shares fell for a fifth straight session,

declining as much as 0.9 percent to a one-month low.

Bank Central Asia Tbk and Unilever Indonesia Tbk

declined 0.7 percent and 1.1 percent, respectively.

An index of the country's 45 most liquid stocks

dropped 0.4 percent.

Singapore shares declined 1 percent to a two-week

low. Jardine Matheson Holdings fell 1.6 percent and

Oversea-Chinese Bank shed 1.2 percent.

Philippine shares slipped 0.2 percent to a more than

three-month low, weighed down by industrials and financials.

Data released earlier in the day showed Philippine inflation

accelerated for a ninth straight month in September, hitting the

highest in nearly a decade at 6.7 percent, although coming in

slightly slower than the 6.8 percent forecast in a Reuters poll.

Conglomerate JG Summit Holdings slid 2.1 percent,

while BDO Unibank fell 1.7 percent.

Malaysian shares declined 0.5 percent with IHH

Healthcare shedding 1.9 percent, while Axiata Group

dropped 3.1 percent.

Meanwhile, government data showed Malaysia's exports fell in

August for the first time in six months, hit by declining

shipments of palm oil and slowing demand from the United States.

For Asian Companies click;

SOUTHEAST ASIAN STOCK MARKETS AS AT 0417 GMT

Change on the day

Market Current Previous close Pct Move

Singapore 3201.16 3231.59 -0.94

Bangkok 1727.95 1729.4 -0.08

Manila 7088.97 7093.34 -0.06

Jakarta 5732.004 5756.619 -0.43

Kuala Lumpur 1781.39 1790.11 -0.49

Ho Chi Minh 1018.78 1023.62 -0.47

Change on year

Market Current End 2017 Pct Move

Singapore 3201.16 3402.92 -5.93

Bangkok 1727.95 1753.71 -1.47

Manila 7088.97 8558.42 -17.17

Jakarta 5732.004 6355.654 -9.81

Kuala Lumpur 1781.39 1796.81 -0.86

Ho Chi Minh 1018.78 984.24 3.51

(Reporting by Niyati Shetty in Bengaluru; Editing by Subhranshu

Sahu)