SE Asia Stocks-Most markets rise in line with broader Asia; Indonesia up 2 pct

* Singapore climbs 1.2 pct, Thailand gains 0.5 pct

* Philippine's Metropolitan Bank hits 1-1/2-yr low

By Karthika Suresh Namboothiri

July 9 (Reuters) - Most Southeast Asian stock markets closed

higher on Monday, with Indonesia rising 2 percent, as broader

Asian shares rallied after weeks of losses amid worries over a

trade war between the United States and China.

Asian shares also took heart from favourable U.S. jobs data

that underscored the economy's strength, and China's efforts to

attract more foreign capital and cushion its economy following

the implementation of U.S. tariffs on Chinese imports last week.

"Lately we've seen some recovery in the Chinese market,

given the fact that it has lost substantially over the past few

weeks. This has also boosted sentiment in the regional markets,"

said Manny Cruz, an analyst with Asiasec Equities Inc.

China's securities regulator said on Sunday it plans to ease

restrictions on foreign investment in stocks listed on the

Shanghai or Shenzhen exchanges.

The Shanghai Composite Index ended 2.5 percent

higher, its biggest one-day rise since May 2016, while the

blue-chip CSI300 Index finished up 2.8 percent, its

best since August 2016.

In Southeast Asia, Indonesian shares jumped to a

near two-week closing high, boosted by financials. Bank Central

Asia soared 4.7 percent.

Singapore shares climbed 1.2 percent, boosted by

financials. DBS Group Holdings rose 1.4 percent, while

United Overseas Bank Ltd gained 1 percent.

Thai shares closed 0.5 percent higher, extending

gains into a second session.

PTT Public Company ended 1.6 percent and PTT

Exploration and Production jumped over 3 percent as

global oil prices rose on potentially tight market conditions.

Malaysian shares climbed 0.5 percent with

telecommunication services provider Axiata Group

ending 5.7 percent higher.

Meanwhile, Philippine shares ended flat with losses

in consumer stocks offseting gains in financials and

industrials.

SM Investment rose 1.3 percent, while Metropolitan

Bank & Trust Co fell to its lowest close in

one-and-a-half years.

Vietnam shares erased early gains to closed 0.3

percent lower.

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SOUTHEAST ASIAN STOCK MARKETS

Change on the day

Market Current Previous close Pct Move

Singapore 3228.82 3191.82 1.16

Bangkok 1622.96 1614.76 0.51

Manila 7186.62 7186.71 0.00

Jakarta 5807.375 5694.912 1.97

Kuala Lumpur 1672.63 1663.86 0.53

Ho Chi Minh 915.12 917.51 -0.26

Change on year

Market Current End 2017 Pct Move

Singapore 3228.82 3402.92 -5.12

Bangkok 1622.96 1753.71 -7.46

Manila 7186.62 8558.42 -16.03

Jakarta 5807.375 6355.654 -8.63

Kuala Lumpur 1672.63 1796.81 -6.91

Ho Chi Minh 915.12 984.24 -7.02

(Reporting by Karthika Suresh Namboothiri; Editing by

Subhranshu Sahu)