SE Asia Stocks-Philippines tumbles on foreign selling; S'pore hits 4-month high

Dec 5 (Reuters) - Philippine shares fell 1.6 percent

on Monday, hurt by financial and industrial stocks, as

foreigners continued to dump domestic shares for safer havens.

Other Southeast Asian stock markets were choppy and ended

mixed as uncertainty from the euro zone following Italian Prime

Minister Matteo Renzi's resignation in the wake of a heavy

defeat on constitutional referendum kept investors on the

sidelines.

"Philippine market is weak on heavy foreign selling today -

we're already on our first month of net foreign selling. On a

year-to-date basis we're on a net sell of about 15 billion pesos

($301.9 million)," said Lexter Azurin, assistant vice president

and head of equities research at Unicapital Securities Inc in

Manila.

There is also uncertainty caused by political concerns

following the resignation of Philippines Vice President Leni

Robredo, Azurin said.

Robredo resigned on Sunday due to "major differences" with

President Rodrigo Duterte and suspicions that a plot was

underway to unseat her from the number two job.

Property firm SM Investments Corp lost 3.9 percent,

while financial major Ayala Corp slumped 4 percent.

Singapore shares closed 0.8 percent higher, hitting

an over four-month high. Gains came from the real-estate sector,

which saw Global Logistic Properties, Monday's best

index performer, gaining 5.6 percent.

Indonesia shares rose as much as 0.7 percent to a

four week high, and ended the day up for a fifth straight

session.

Gainers were led by energy shares, which rose on weaker oil

prices since Indonesia imports oil.

Malaysia gained traction in midday trading to end

0.2 percent weaker, while Vietnam slipped 0.7 percent.

Thailand was closed for the late King Bhumibol

Adulyadej's birthday.

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SOUTHEAST ASIAN STOCK MARKETS

STOCK MARKETS

Change on day

Market Current Previous Close Pct Move

Singapore 2943.05 2919.37 0.81

Manila 6776.41 6886.74 -1.60

Jakarta 5268.308 5245.956 0.43

Kuala Lumpur 1624.97 1628.96 -0.24

Ho Chi Minh 660.21 665.14 -0.74

Change this year

Market Current End 2015 Pct Move

Singapore 2943.05 2882.73 2.09

Manila 6776.41 6952.08 -2.53

Jakarta 5268.308 4593.008 14.70

Kuala Lumpur 1624.97 1692.51 -3.99

Ho Chi Minh 660.21 579.03 14.02

Bangkok 1501.66 1288.02 16.59

($1 = 49.6870 Philippine pesos)

(Reporting by Aparajita Saxena in Bengaluru; Editing by

Gopakumar Warrier)