SE Asia Stocks-Most lower; Philippines snaps 4 sessions of gains

* Most lower as U.S. bond yields edge closer to recent 4-yr

highs

* Financials drag Philippines

By Chris Thomas

Feb 20 (Reuters) - Most Southeast Asian stock markets fell

in line with broader Asia on Tuesday, with a sell-off in

financial stocks breaking the Philippines' four-session run of

gains.

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

shed as much as 0.7 percent after European

equities broke a winning streak, with the U.S. markets closed

Monday for a holiday.

"The movement of regional markets today is a reaction to

rising bond yields in the United States," said Lexter Azurin, a

senior equity analyst at AB Capital.

U.S. benchmark 10-year yields, which move inversely to

prices, are edging towards the four-year highs reached last

week. U.S. index futures were down 0.2 percent at

0338 GMT.

"For the U.S. market, there will be a close eye on the

upcoming Federal Open Market Committee meeting so we will

probably get an indication from the Fed," added Azurin.

Philippines' shares led the losses in Southeast Asia,

falling as much as 0.8 percent. BDO Unibank Inc fell

2.8 percent in its sharpest drop in over a week, while Ayala

Corp slipped 2.3 percent.

Singapore declined as much as 0.7 percent, dragged by

real estate and consumer staples stocks.

The falls came after Finance Minister Heng Swee Keat hiked

stamp duty on properties costing more than $760,000 and said he

would raise the city-state's sales tax to 9 percent from 7

percent "sometime" between 2021 and 2025.

Thai Beverage PCL dropped 2.9 percent to its

lowest in more than a year, while City Developments Ltd

fell as much as 2.4 percent.

Broad-based losses drove Indonesian shares 0.7

percent lower. Bank Central Asia Tbk PT dropped as

much as 1.4 percent, while Unilever Indonesia Tbk PT

slipped 0.8 percent.

Malaysian shares reversed early gains to slip

marginally lower, while Thai shares edged higher.

Vietnam was closed for a holiday.

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SOUTHEAST ASIAN STOCK MARKETS

Change on day

Market Current Previous close Pct Move

Singapore 3480.98 3487.88 -0.20

Bangkok 1810.58 1809.67 0.05

Manila 8675.54 8710.22 -0.40

Jakarta 6648.84 6689.287 -0.60

Kuala Lumpur 1856.28 1857.32 -0.06

Change on year

Market Current End 2017 Pct Move

Singapore 3480.98 3402.92 2.29

Bangkok 1810.58 1753.71 3.24

Manila 8675.54 8558.42 1.37

Jakarta 6648.84 6355.654 4.61

Kuala Lumpur 1856.28 1796.81 3.31

(Reporting by Chris Thomas in Bengaluru; Additional reporting

by Christina Martin; Editing by Eric Meijer)