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SE Asia Stocks-Most fall as fears of more U.S. tariffs keep investors on edge

* Philippine shrs fall after 3 straight sessions of gains

* Vietnam headed for a third straight session of losses

* Indonesia slips to a fresh 15-month low

By Sumeet Gaikwad

July 4 (Reuters) - Most Southeast Asian stock markets fell

on Wednesday tracking Asian peers on caution ahead of the Friday

deadline for further U.S. tariffs on China, with Philippine

shares snapping a three-session gaining streak on profit-taking.

The Philippine index fell 0.4 percent as investors

booked profits in recent outperformers. Index heavyweight SM

Investments Corp, the top gainer in the previous

session, fell 0.4 percent while Jollibee Foods dipped

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2.5 percent.

"Philippine equities were up for the last three days, so

there is some profit-taking and (the market is) also taking its

cues from the decline in the Dow Jones," said Manny Cruz,

analyst at Asiasec Equities Inc.

Wall Street slipped on Tuesday while Asian shares, ex-Japan

< .MIAPJ0000PUS>, were about 0.5 percent lower at 0341 GMT on

Wednesday.

Philippine annual inflation data, due Thursday, will be

closely watched. Inflation likely quickened for a sixth straight

month in June, as per a Reuters poll.

"I think inflation has already been factored in ... as long

as it's within the target of the central bank," Cruz added.

Indonesian shares hit a more than fifteen-month low

as material stocks weighed on the benchmark.

Paper manufacturers Indah Kiat Pulp & Paper and

Pabrik Kertas Tjiwi Kimia, down 7.4 percent and 8.1

percent, respectively, were the biggest drag on the index.

An index of the country's 45 most liquid stocks

was up 0.4 percent.

Singapore stocks fell for a third straight session

with consumer staples and financials dragging the index. Lender

Oversea-Chinese Banking Corp slipped 0.6 percent while

Thai Beverage declined nearly 3 percent.

Vietnam's Ho-Chi-Minh index declined for a third

session and lost over 1 percent in early trade. The index had

shed more than 4 percent in the previous session.

For Asian Companies click;

SOUTHEAST ASIAN STOCK MARKETS: CHANGE AS AT 0418 GMT

Market Current Previous close Pct Move

Singapore 3231.73 3235.9 -0.13

Bangkok 1623.45 1626.62 -0.19

Manila 7236.14 7267.34 -0.43

Jakarta 5627.042 5633.937 -0.12

Kuala Lumpur 1686.8 1680.37 0.38

Ho Chi Minh 903.81 906.01 -0.24

Change on year

Market Current End 2017 Pct Move

Singapore 3231.73 3402.92 -5.03

Bangkok 1623.45 1753.71 -7.43

Manila 7236.14 8558.42 -15.45

Jakarta 5627.042 6355.654 -11.46

Kuala Lumpur 1686.8 1796.81 -6.12

Ho Chi Minh 903.81 984.24 -8.17

(Reporting by Sumeet Gaikwad in Bengaluru; Editing by Vyas

Mohan)