SE Asia Stocks-Mostly down; Philippines extends losses to sixth day

(Corrects day of the week in paragraph 1)

By Geo Tharappel

Oct 27 (Reuters) - Southeast Asian shares were largely lower

on Thursday, in line with broader Asia, with the Philippine

index losing ground for a sixth session as President Rodrigo

Duterte's threats to the United States spooked investors.

Asian shares fell after disappointing earnings from

technology giant Apple dragged on Wall Street, while

oil prices were stable, but below $50/barrel.

Duterte, who is visiting U.S.-ally Japan, kept up his recent

tirade against the U.S. on Wednesday saying he might end defence

treaties with Washington.

"At first we were not really taking it seriously, but right

now there is an impact on the market because he's (Duterte) been

consistent lately," said Mikey Macainag, analyst with

Manila-based Sunsecurities Inc.

Philippine and U.S. military officials will meet next month

to decide the fate of decades-old joint exercises, according to

defence sources.

The Philippine index, which fell as much as 0.9

percent, is on track for a sixth session of losses led by

financials and industrial stocks.

Property developer SM Prime Holdings was among the

top losers on the index, falling 2 percent.

"Moving forward...for some companies that lease property,

the rental income from the BPO industry will be affected,"

Macainag added.

Indonesian stocks bucked the trend to rise as much as 0.5

percent, with trading volumes nearly twice the 30-day average,

boosted by financials and telecommunication services.

Index heavyweights Telekomunikasi Indonesia and

Bank Mandiri rose 1.4 and 2.0 percent respectively.

"(Telekomunikasi Indonesia)'s earnings continue to give

positive surprise... valuation remains attractive compared with

regional telecommunication rivals," said Mandiri Sekuritas in a

note.

Thailand shares rebounded from Wednesday's losses

led by financials and energy, while Singapore, Vietnam

and Malaysia were flat-to-low.

For Asian Companies click;

SOUTHEAST ASIAN STOCK MARKETS

Change at 0443 GMT

Market Current Prev close Pct Move

Singapore 2826.98 2828.57 -0.06

Bangkok 1495.33 1492.12 0.22

Manila 7427.68 7494.41 -0.89

Jakarta 5419.608 5399.679 0.37

Kuala Lumpur 1667.88 1673.92 -0.36

Ho Chi Minh 674.14 673.61 0.08

Change on year

Market Current End 2015 Pct Move

Singapore 2826.98 2882.73 -1.93

Bangkok 1495.33 1288.02 16.10

Manila 7427.68 6952.08 6.84

Jakarta 5419.608 4593.008 18.00

Kuala Lumpur 1667.88 1692.51 -1.46

Ho Chi Minh 674.14 579.03 16.43

(Reporting by Geo Tharappel in Bengaluru; Additional reporting

by Fransiska Nangoy; Editing by Sunil Nair)