SE Asia Stocks-Most extend losses; Philippines hits over 1-yr closing low

* U.S.-China trade tensions weigh

* Singapore at 8-month closing low

By Nicole Pinto

June 18 (Reuters) - Southeast Asian stock markets fell on

Monday, with Vietnam shedding nearly 3 percent and the

Philippine index marking its lowest close in more than a year,

as escalating U.S.-China trade tensions dampened sentiment.

U.S. President Donald Trump on Friday announced tariffs on

$50 billion of Chinese imports, with a list of more than 800

strategically important imports from China that would be subject

to a 25 percent tariff starting on July 6, prompting Beijing to

immediately respond in kind.

Meanwhile, investors in Thailand and Philippines awaited

policy meetings of the Bank of Thailand and Bangko Sentral ng

Pilipinas due later in the week.

Vietnam shares closed 2.9 percent lower, after ending

flat on Friday, as Petrovietnam Gas Joint Stock Corp

slumped 6.2 percent and Vietnam Dairy Products JSC shed

4.1 percent.

Philippine shares ended 1.5 percent lower, their

lowest close since April 2017. Financials and industrials

weighed on the index with JG Summit Holdings Inc

extending its decline for a third straight session and Bank of

the Philippine Islands ending lower for a fifth

straight session.

Thai shares extended losses to a fourth consecutive

session, closing at their lowest level in nine months as energy

stocks weighed on the index.

Oil prices fell on expectations that the Organization of the

Petroleum Exporting Countries and its allies would increase

supplies, and as China threatened duties on American crude

imports.

Singapore shares marked their lowest close in eight

months, dragged by financials. Heavyweight DBS Group Holdings

Ltd and United Overseas Bank Ltd declined

1.3 percent and 1.9 percent, respectively.

The city-state's exports grew at the fastest pace in seven

months in May, boosted by an extended surge in pharmaceutical

shipments.

Indonesian financial markets are closed through Tuesday,

June 19, for Eid Al-Fitr.

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SOUTHEAST ASIAN STOCK MARKETS

Change on the day

Current Previous Close Pct Move

Singapore 3324.04 3356.73 -0.97

Bangkok 1679.68 1704.82 -1.47

Manila 7414.11 7529.54 -1.53

Kuala Lumpur 1743.43 1761.78 -1.04

Ho Chi Minh 987.34 1016.51 -2.87

Change on year

Market Current End 2017 Pct Move

Singapore 3324.04 3402.92 -2.32

Bangkok 1679.68 1753.71 -4.22

Manila 7414.11 8558.42 -13.37

Kuala Lumpur 1743.43 1796.81 -2.97

Ho Chi Minh 987.34 984.24 0.31

(Reporting by Nicole Pinto; Editing by Vyas Mohan)