SE Asia Stocks - Indonesia up as inflows lift large caps; Thai index at 15-month high

BANGKOK, Sept 1 (Reuters) - Stocks in Indonesia rebounded on

Monday amid foreign-led buying in selected large caps such as

Telkom Indonesia and Bank Central Asia,

while the Thai index hit a 15-month closing high as some

investors welcomed a new military-led government.

Jakarta's composite index rose 0.8 percent after a

fall on Friday to the lowest close since Aug. 12.

The stock exchange posted net foreign inflows worth 127

billion rupiah ($10.84 million) as the rupiah eased but

pared some losses after Indonesia posted a small trade surplus

in July.

Bangkok's SET index ended up 0.2 percent, a second

straight day of gains, at 1,565.35, the highest close since May

30, 2013.

The formation of a new cabinet on Sunday boosted hopes

related to fiscal disbursement for the fiscal year starting in

October, lifting shares seen among beneficiaries of government

spending such as Bangkok Bank and construction firm Ch

Karnchang.

Singapore was an underperformer, with key Straits Times

Index falling 0.4 percent to the lowest close since

Aug. 18, led by a 7.3 percent drop in StatsChipPac.

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SOUTHEAST ASIAN STOCK MARKETS

Change on day

Market Current Prev Close Pct Move

TR SE Asia Index* 445.48 444.92 +0.13

Singapore 3314.13 3327.09 -0.39

Bangkok 1565.35 1561.63 +0.24

Jakarta 5177.62 5136.86 +0.79

Manila 7083.49 7050.89 +0.46

Change on year

Market Current End 2013 Pct Move

TR SE Asia Index* 445.48 388.37 +14.71

Singapore 3314.13 3167.43 +4.63

Kuala Lumpur -- 1866.96 -0.05

Bangkok 1565.35 1298.71 +20.53

Jakarta 5177.62 4274.18 +21.14

Manila 7083.49 5889.83 +20.27

Ho Chi Minh -- 504.63 +26.16

* The Thomson Reuters South East Asia Index is a

highly representative indicator of stocks listed in Indonesia,

Malaysia, the Philippines, Singapore, Thailand and Vietnam.

(1 US dollar = 11,715.0000 rupiah)

(Reporting by Viparat Jantraprap; Editing by Alan Raybould)