SE Asia Stocks-Indonesia, Thailand set fresh records; S'pore hits 10-yr top

* Asian shares ex-Japan hit all-time high

* Philippines extends fall, hit by lender BPI's rights

offering

* Malaysia down as EU proposes ban on palm oil use in motor

fuels

By Devika Syamnath

Jan 18 (Reuters) - Thai and Indonesian stocks scaled

all-time peaks on Thursday and Singapore notched up a 10-year

top as gains on Wall Street lifted broader Asian shares.

MSCI's broadest index of Asia-Pacific shares outside Japan

rose 0.2 percent to a historic high, after U.S.

stocks jumped overnight and the Dow closed above 26,000 for the

first time.

Indonesian shares rose as much as 0.6 percent,

heading for their fourth straight session of gains.

Financials and utilities led the gains, with Bank Central

Asia climbing 1.6 percent and Perusahaan Gas Negara

soaring 21.2 percent to levels not seen since

February.

Oil prices rose on Thursday on a reported decline in U.S.

crude inventories, and as rebels in Nigeria threatened to attack

the country's petroleum infrastructure, but crude benchmarks

still stayed below recent three-year highs on ample fuel

supplies.

The Thai index firmed 0.5 percent as energy and

utility stocks gained, with PTT Global Chemical

climbing to a record and PTT Pcl rising 1.2 percent.

Singapore's shares rose as much as 0.6 percent to

their highest since December 2007 as financials and IT stocks

led the gain.

The city-state's top lenders United Overseas Bank

and DBS Group Holdings rose 0.7 percent each, while

technology service provider Venture Corp climbed 2.2

percent to its highest in 14 years.

Meanwhile, Philippines fell as much as 0.9 percent,

before trimming some of the losses, as Bank of the Philippine

Islands shed 11.5 percent and parent Ayala Corp

slipped 3 pct as BPI plans to raise up to 50 billion pesos ($986

mln) via a rights offering to boost lending and support

strategic initiatives.

Metrobank, the second largest Philippine lender in asset

terms, also fell 3.7 percent as it won the board's approval to

sell shares to existing stockholders.

Malaysian shares fell 0.3 percent after the European

Union approved draft measures to ban the use of palm oil, a

major import from southeast Asia, in motor fuels from

2021.

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SOUTHEAST ASIAN STOCK MARKETS AS AT 0431

Change on day

Market Current Previous Pct Move

close

Singapore 3547.17 3541.91 0.15

Bangkok 1834.47 1828.88 0.31

Manila 8817.83 8848.99 -0.35

Jakarta 6468.642 6444.518 0.37

Kuala Lumpur 1823.95 1828.63 -0.26

Ho Chi Minh 1027.89 1034.69 -0.66

Change on year

Market Current End 2017 Pct Move

Singapore 3547.17 3402.92 4.24

Bangkok 1834.47 1753.71 4.61

Manila 8817.83 8558.42 3.03

Jakarta 6468.642 6355.654 1.78

Kuala Lumpur 1823.95 1796.81 1.51

Ho Chi Minh 1027.89 984.24 4.43

(Reporting by Devika Syamnath in Bengaluru; Editing by Amrutha

Gayathri)