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SE Asia Stocks -Mostly range-bound ahead of China data; Singapore outperforms

Nov 13 (Reuters) - Most Southeast Asian stocks were

range-bound on Thursday as investors waited on the sidelines

ahead of Chinese economic data, but Singapore outperformed the

region led by financials.

Singapore's Straits Times Index was up 0.8 percent

by 0616 GMT led by a 1.5 percent gain each in United Overseas

Bank Ltd and DBS Group Holdings Ltd, which

had lost 4.72 percent and 0.9 percent respectively in the

previous session.

"With signs of increasing concern over the strength of the

European economic recovery, investors could be looking to sell

into strength while those who have been sidelined for a while

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will be looking to accumulate only at lower levels,"

Singapore-based Net Research Asia said in an investor note.

Analysts said many investors were waiting for cues from

Chinese economic data, expected later in the day.

China's industrial output, investment and retail sales data

are expected to show a cooling in the world's second largest

economy, with fixed-asset investment, an important driver of

growth, seen growing at its slowest pace in nearly 13 years

between January and October.

Malaysia's stock index was up 0.1 percent, while

Vietnam was 0.03 percent weaker and Indonesia's Jakarta

Composite Index fell 0.3 percent by midday as

uncertainty over a fuel price hike weighed on sentiment.

Philippine shares were down 0.2 percent, while shares

in Thailand traded steady.

Teerada Charnyingyong, a strategist at broker Phillip

Securities, said there was no market-moving news to boost

sentiment for Thai stocks.

Charnyingyong said regulators were considering some curbs on

overheated stocks by framing some new rules by next Wednesday.

"May be there could be more monitoring and control of the

stocks with high P/E ratio," she said.

For Asian Companies click;

For South East Asia Hot Stock reports, click;

SOUTHEAST ASIAN STOCK MARKETS

Change at 0616 GMT

Market Current Prev Close Pct Move

Singapore 3308.21 3283.71 +0.75

Kuala Lumpur 1817.31 1816.24 +0.06

Bangkok 1562.06 1562.03 +0.00

Jakarta 5036.42 5048.84 -0.25

Manila 7216.36 7232.87 -0.23

Ho Chi Minh 603.81 604.01 -0.03

(Reporting by Shihar Aneez; Editing by Sunil Nair)