SE Asia Stocks-Philippines snaps 3 days of falls; Singapore extends losses

* Philippines gains 1.2 pct on bargain-hunting

* Thailand down; cenbank keeps rate steady

By Aman Swami

Nov 14 (Reuters) - Philippine shares rose over 1 percent on

Wednesday, snapping three straight sessions of declines, while

Singapore stocks fell for a fourth straight session.

Financials and industrials were the top gainers in the

Philippines, with Metropolitan Bank and Trust Co rising

3.4 percent on strong quarterly earnings.

SM Investments Corp rose 2.3 percent, while Bank of

the Philippine Islands jumped 3.5 percent.

The Philippine market was one of the worst performers in the

previous session, so investors hunted for bargains on Wednesday,

said Charles William Ang, an associate analyst with COL

Financial Group Inc.

The key stock index had declined 20 percent this year

as of Tuesday, making it the worst performer in Southeast Asia.

Indonesian shares closed higher for a second

straight session with material and consumer stocks dominating

the gains.

"It is more of a technical rebound than a firm recovery.

Yesterday's oil plunge served as a good catalyst for today's

market rebound as Indonesia is an importer of oil," said Taye

Shim, head of research at Mirae Asset Sekuritas.

Oil markets fell again on Wednesday, extending losses from a

7 percent plunge the previous session as surging supply and the

spectre of faltering demand scared off investors.

Index heavyweight Astra International Tbk PT and

cement manufacturer Semen Indonesia (Persero) Tbk PT

climbed 2.2 percent and 9.3 percent, respectively.

Malaysian shares closed flat with Malaysia Airports

Holdings Bhd slipping 1.1 percent and palm company IOI

Corp Bhd edging up 0.7 percent.

Singapore shares closed 0.3 percent lower with

conglomerate Keppel Corp Ltd shedding 1.4 percent,

while City Developments Ltd, the country's

second-largest property developer, dropped 1.9 percent.

Thai shares declined for a third session in four,

dragged by energy stocks.

Index heavyweight gas and petroleum supplier PTT PCL

fell 2 percent to two-and-a-half week closing low,

while Thai oil PCL declined 3.8 percent.

Meanwhile, the central bank held its benchmark interest rate

steady, as widely expected, but a growing split among committee

members reinforced views that next month it could tighten policy

for the first time in years.

Vietnam shares fell 0.5 percent, weighed down by

financials and utilities.

Petrovietnam Gas Joint Stock Corp and steel

manufacturer Hoa Phat Group JSC were the top percentage

losers, shedding over 3.9 percent and 3 percent respectively.

For Asian Companies click;

SOUTHEAST ASIAN STOCK MARKETS: Change on day

Market Current Previous Close Pct Move

Singapore 3043.19 3053.6 -0.34

Bangkok 1652.3 1659.78 -0.45

Manila 6923.08 6843.83 1.16

Jakarta 5858.293 5835.198 0.40

Kuala Lumpur 1688.41 1687.57 0.05

Ho Chi Minh 900.93 905.38 -0.49

Change on year

Market Current End 2017 Pct Move

Singapore 3043.19 3402.92 -10.57

Bangkok 1652.3 1753.71 -5.78

Manila 6923.08 8558.42 -19.11

Jakarta 5858.293 6355.654 -7.83

Kuala Lumpur 1688.41 1796.81 -6.03

Ho Chi Minh 900.93 984.24 -8.46

(Reporting by Aman Swami; Editing by Subhranshu Sahu)