SE Asia Stocks-Most rise as China, U.S. make headway in trade talks; Philippines falls

* Singapore posts sharpest weekly gain since Nov

* Malaysia posts third weekly gain in four

By Soumyajit Saha

Jan 11 (Reuters) - Most Southeast Asian stock markets rose

on Friday as the Sino-U.S. trade talks seemed headed for higher

levels and as U.S. Federal Reserve chief reiterated that the Fed

would be patient about raising rates.

Chinese Vice Premier Liu He, the country's top trade

negotiator, is expected to visit the United States later this

month to advance negotiations, according to U.S. officials.

Fed chief Jerome Powell's stress on patience regarding

monetary tightening due to signs of slowing U.S. growth, added

to expectations that the central bank may slow its pace of rate

tightening this year.

Singapore shares rose for a sixth straight session

and posted their highest close in over three months. Index

heavyweights DBS Group Holdings and United Overseas

Bank rose 1.4 and 1.1 percent, respectively.

For the week, Singapore shares gained 4.6 percent, their

sharpest since the week ended Nov. 2, 2018.

Malaysian shares closed slightly higher after

trading flat for most part of the session.

Data released earlier in the day showed industrial output

climbed 2.5 percent in November from a year earlier, slower than

the 4.2 percent rise in the previous month.

For the week, Malaysian shares climbed about 0.8 percent,

their third weekly gain in four.

Meanwhile, Philippine shares fell 1 percent, dragged

by financials, but posted their second straight weekly gain.

Financials came under pressure following reports that the

local unit of South Korean shipbuilder Hanjin Heavy Industries &

Construction Co Ltd declared bankruptcy.

"Reports suggest several banks on the index have loan

exposure to Hanjin," said Miguel Ong, a research analyst with AP

Securities.

Both Bank of the Philippine Islands and

Metropolitan Bank and Trust Co fell 4.8 percent.

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SOUTHEAST ASIAN STOCK MARKETS

Change on the day

Market Current Previous close Pct Move

Singapore 3198.65 3183.51 0.48

Bangkok 1597.04 1587.63 0.59

Manila 7904.09 7985.23 -1.02

Jakarta 6361.465 6328.714 0.52

Kuala Lumpur 1683.22 1678.88 0.26

Ho Chi Minh 902.71 898.3 0.49

Change so far in 2019

Market Current End 2018 Pct Move

Singapore 3198.65 3068.76 4.23

Bangkok 1597.04 1563.88 2.12

Manila 7904.09 7,466.02 5.87

Jakarta 6361.465 6,194.50 2.70

Kuala Lumpur 1683.22 1690.58 -0.44

Ho Chi Minh 902.71 892.54 1.14

(Reporting by Soumyajit Saha in Bengaluru; Editing by

Subhranshu Sahu)