SE Asia Stocks-Most gain on Chinese stimulus hope

* Most gain tracking Chinese stocks

* Indonesia edges up ahead of central bank meeting

* Malaysia bucks trend to trade lower

By Rashmi Ashok

Oct 22 (Reuters) - Most Southeast Asian stock markets edged

higher on Monday, tracking broader Asian shares, as Chinese

stocks extended gains from the previous session after Beijing's

pledge to support the economy and tackle market volatility.

MSCI's broadest index of Asian shares outside Japan

pared early losses to edge up 0.2 percent.

Blue-chips in Shanghai climbed 3.5 percent in

early trade, after China's top regulators came out to calm down

the market following release of its GDP data, which boosted

investor sentiment.

"Asian markets may still tread carefully today, awaiting

further cues from China to see if Friday's equity rally can be

sustained," OCBC analysts said in a note.

Indonesian shares were up 0.1 percent boosted by

telecom and banking stocks, with PT Telekomunikasi Indonesia Tbk

adding 0.8 percent and lender PT Bank Mayapada

Internasional Tbk jumped 6.8 percent.

Meanwhile, Indonesia's central bank is set to hold its

policy meeting and is expected to hold its key interest rate on

Tuesday as the rupiah has been stable over the past two weeks, a

Reuters poll showed.

Bank Indonesia (BI) has hiked its benchmark by 150 basis

points (bps) since mid-May to help prop up the fragile rupiah.

Singapore stocks edged up 0.4 percent, with

industrial holding company Yangzijiang Shipbuilding Holdings Ltd

up 2.5 percent while media and publishing house

Singapore Press Holdings Ltd added 1.9 percent.

Philippine stocks traded 0.9 percent higher, with

gains in banking shares offsetting losses in telecom and energy

stocks. Conglomerate Ayala Corp added 1.7 percent and

Metropolitan Bank & Trust Co edged up 0.8 percent.

Malaysian stocks bucked the trend to trade lower,

weighed down by telecom operator Telekom Malaysia Berhad

which shed 3.7 percent, while sector heavyweight

Axiata Group Berhad lost 2.2 percent.

Malaysian equities last week saw a sell-off of international

funds for a third consecutive week, although at a slower pace,

MIDF Research said in a note.

Thai shares fell 0.4 percent following disappointing trade

data for September.

Its customs-cleared annual exports defied analyst

expectations, dropping for the first time in 19 months, which

the commerce ministry attributed to a high comparative base and

the Sino-U.S. trade war.

Exports, which act as a driver for Thai growth, fell 5.2

percent from a year earlier, compared to the median forecast for

a 6.05 percent rise, according to a Reuters poll.

For Asian Companies click;

SOUTHEAST ASIAN STOCK MARKETS AS AT 0349 GMT

Market Current Previous close Pct Move

Singapore 3074.08 3062.51 0.38

Bangkok 1660.7 1667.91 -0.43

Manila 7216.01 7151.52 0.90

Jakarta 5843.546 5837.291 0.11

Kuala Lumpur 1724.73 1732.14 -0.43

Ho Chi Minh 960.38 958.36 0.21

Change on year

Market Current End 2017 Pct Move

Singapore 3074.08 3402.92 -9.66

Bangkok 1660.7 1753.71 -5.30

Manila 7216.01 8558.42 -15.69

Jakarta 5843.546 6355.654 -8.06

Kuala Lumpur 1724.73 1796.81 -4.01

Ho Chi Minh 960.38 984.24 -2.42

(Reporting by Rashmi Ashok; Editing by Sunil Nair)