SE Asia Stocks-Most rise tracking Asia on upbeat tech stocks

* Philippines posts best intraday gain in 1 week

* Indonesia's index of 45 most liquid stocks down 2.7 pct

By Karthika Suresh Namboothiri

May 8 (Reuters) - Most Southeast Asian stocks rose on

Tuesday, in line with broader Asian peers that firmed on

resilience in technology stocks, with Singapore and Malaysia

snapping at least three days of losses and Philippine shares

gaining more than 1 percent.

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

gained 0.6 percent, with information technology

shares rising 1.4 percent.

Philippine shares climbed 1.1 percent, their biggest

intraday gain in over one week. Real estate stocks SM

Investments Corp rose as much as 1.7 percent, while

Ayala Land was up 2.5 percent ahead of their quarterly

results later in the day.

"The market is positive about the upcoming GDP report...,"

said Jose L. Vistan, research head at AB Capital Securities.

The Philippines was one of Asia's fastest-growing economies

in 2017, expanding 6.7 percent, on strong domestic demand,

exports and government spending and momentum is expected to

continue this year.

"We should do 7 percent (GDP growth rate) or possibly even

better. So, investors are positioning for that," Vistan said.

Singapore snapped three straight sessions of losses,

with industrials pushing up the index. Jardine Strategic

Holdings gained as much as 3 percent, while Venture

Corp climbed 4.6 percent.

Indonesia's main index lost as much as 2.1 percent

to a near nine-month low after the growth pace of Southeast

Asia's largest economy fell slightly in January-March from the

previous quarter.

An index of the country's 45 most liquid stocks

fell 2.7 percent.

The Indonesian rupiah dropped to its lowest against

the dollar in more than two years. Data from Bank Indonesia also

showed that foreign investors held about 39 percent of

Indonesian government bonds as at the end of March.

Emerging markets have come under pressure of late from

foreign outflows as rising U.S. treasury bond yields reduced

investor appetite for riskier asset classes.

"With improving fundamentals, we think extended positioning

amid higher U.S. Treasury yields and US dollar were the main

drivers," Morgan Stanley said in a note

"Higher volatility is likely to stay yet we push back

against the notion that EM (emerging market) is no longer an

attractive asset class."

Malaysian shares snapped four sessions of losses to

rise 0.7 percent, led by financials.

The market is closed on Wednesday for general elections.

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SOUTHEAST ASIAN STOCK MARKETS AS AT 0437 GMT

Change on the day

Market Current Previous close Pct Move

Singapore 3544.88 3532.86 0.34

Bangkok 1769.17 1779.8 -0.60

Manila 7603.16 7533.28 0.93

Jakarta 5765.088 5885.098 -2.04

Kuala Lumpur 1841.6 1828.2 0.73

Ho Chi Minh 1066.02 1062.26 0.35

Change on year

Market Current End 2017 Pct Move

Singapore 3544.88 3402.92 4.17

Bangkok 1769.17 1753.71 0.88

Manila 7603.16 8558.42 -11.16

Jakarta 5765.088 6355.654 -9.29

Kuala Lumpur 1841.6 1796.81 2.49

Ho Chi Minh 1066.02 984.24 8.31

(Reporting by Karthika Suresh Namboothiri; Editing by Biju

Dwarakanath)