SE Asia Stocks-Indonesia falls to 1-week closing low; Philippines extends gain

* Indonesia declines 1.8 pct, financials top drag

* Philippines rises for third consecutive session

* Fitch raises Vietnam's sovereign credit rating

By Karthika Suresh Namboothiri

May 15 (Reuters) - Indonesian shares fell to a one-week

closing low on Tuesday, as continued capital outflows and

worse-than-expected trade data hurt investor sentiment, while

Philippine stocks extended gain to a four-week closing high.

Indonesia posted its biggest trade deficit in four years in

April as imports surged, wrong-footing analysts who expected a

surplus for the month.

Southeast Asia's largest economy had a deficit of $1.62

billion, the biggest since April 2014, while a Reuters poll

forecast was for a $700 million surplus.

Apart from the suicide bombing attacks that happened on

Monday, the currency is also one of the worst performers in the

region, adding to investor anxiety, said Manny Cruz, an analyst

with Asiasec Equities Inc.

The rupiah has declined around 0.6 percent against

the dollar this week and remained perched around a

two-and-a-half-year low hit last week.

Jakarta's main stock index closed 1.8 percent lower

with financials being the biggest drag.

Bank Central Asia fell 3.4 percent, while Bank

Mandiri declined 4.9 percent.

Philippine shares rose for a third straight session

and closed 1.7 percent higher, boosted by gains in real estate

stocks.

SM Prime Holdings rose 7.4 percent and Ayala Land

climbed 3.1 percent.

"There is inflow of foreign funds and it's a subsequent move

from last week," said Cruz.

Foreign investors net bought equities worth 293.4 million

pesos ($5.60 million) on Friday, according to data from the

Philippine Stock Exchange. The financial markets were closed on

Monday for a holiday.

Vietnam stocks closed 0.6 percent higher, buoyed by

gains in financials.

Fitch raised Vietnam's sovereign credit rating on Tuesday, a

move that economists said should boost Vietnam's

already-substantial investment inflows.

Singapore shares slid 0.6 percent, with DBS Group

Holdings and Singapore Telecommunications

shedding 1.2 percent and 2.6 percent, respectively.

Thai stocks ended 0.4 percent lower. Gas explorer

PTT Public Co was the biggest drag with a drop of about

1 percent.

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SOUTHEAST ASIAN STOCK MARKETS:

Change on the day

Market Current Previous close Pct Move

Singapore 3540.23 3562.46 -0.62

Bangkok 1766.86 1773.1 -0.35

Manila 7885.97 7752.11 1.73

Jakarta 5838.116 5947.155 -1.83

Kuala Lumpur 1848.2 1850.42 -0.12

Ho Chi Minh 1073.5 1066.98 0.61

Change on year

Market Current End 2017 Pct Move

Singapore 3540.23 3402.92 4.04

Bangkok 1766.86 1753.71 0.75

Manila 7885.97 8558.42 -7.86

Jakarta 5838.116 6355.654 -8.14

Kuala Lumpur 1848.2 1796.81 2.86

Ho Chi Minh 1073.5 984.24 9.07

($1 = 52.3630 Philippine pesos)

(Reporting by Karthika Suresh Namboothiri; Editing by

Subhranshu Sahu)