SE Asia Stocks-Most start Q3 on weak note, property stocks lead Singapore fall

BANGKOK, July 1 (Reuters) - Southeast Asian stock markets

were broadly weaker on Tuesday, with shares of Singapore's

property firms easing on weak industry data while Indonesian

stocks retreated from a near two-week high on Monday after June

inflation data.

Losses in Singapore were led by shares of Hongkong Land

Holdings, which dropped as much as 3.2 percent to the

lowest in almost three months, the worst performers on the

market while shares of CapitaLand shed nearly 1

percent.

Data released early on Tuesday showed prices of Singapore's

non-landed private residential properties in all market segments

fell in the second quarter of 2014, marking the third straight

quarterly decline.

The benchmark Straits Times Index was down 0.4

percent, at its lowest since May 12.

In Jakarta, investors cashed in on recent gains in banking

shares such as Bank Rakyat Indonesia and Bank Central

Asia, sending Indonesia's key index 0.2

percent lower.

The annual inflation rate in Indonesia eased in June and was

near analysts' forecasts, data from the statistics bureau showed

on Tuesday.

Some foreign investors have slightly trimmed their positions

to "neutral" ahead of the July presidential election, Broker

Danaresksa said, citing a recent overseas marketing trip.

"As most investors prefer to wait until the release of the

election quick count on 10 July, before deciding their next

move, market liquidity will continue to remain dry," it said in

a report.

Jakarta's composite index ended the second quarter at a near

two-week high of 4,878.58. The market saw foreign inflows worth

a net 2.8 trillion rupiah ($237 million) in June, the weakest

monthly inflows in 2014, Thomson Reuters data showed.

Stocks in the Philippines and Malaysia were

range-bound as Asian shares were firm near a three-year high on

upbeat Chinese manufacturing data and expectations that U.S.

monetary policy will stay loose for some time.

The Thai stock market is closed for a market holiday and

will reopen on Wednesday.

For Asian Companies click;

For South East Asia Hot Stock reports, click;

SOUTHEAST ASIAN STOCK MARKETS

Change at 0427 GMT

Market Current Prev Close Pct Move

TR SE Asia Index* 427.57 427.71 -0.03

Singapore 3241.57 3255.67 -0.43

Kuala Lumpur 1877.14 1882.71 -0.30

Bangkok -- 1485.75 --

Jakarta 4869.41 4878.58 -0.19

Manila 6843.42 6844.31 -0.01

Ho Chi Minh 480.49 578.13 +0.41

* The Thomson Reuters South East Asia Index is a

highly representative indicator of stocks listed in Indonesia,

Malaysia, the Philippines, Singapore, Thailand and Vietnam.

($1 = 11815.0000 Rupiahs)

(Reporting by Viparat Jantraprap; Editing by Anupama Dwivedi)