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SE Asia Stocks-Rise on China-US trade ceasefire

* Singapore stocks hit near two-month high

* Philippine stocks touch near 12-week top

By Shreya Mariam Job

Dec 3 (Reuters) - Southeast Asian stock markets rose on

Monday, in line with broader Asia, as a trade truce between the

United States and China boosted investor risk appetite.

China and the United States agreed to halt additional

tariffs in a deal that keeps their trade war from escalating as

the two sides try again to bridge their differences with fresh

talks aimed at reaching an agreement within 90 days.

"Risk appetite has returned this morning on the positive

Sino-US trade truce struck at the G20 Summit," Philip Wee, a FX

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strategist, and Eugene Leow, a rates strategist, at DBS Bank Ltd

said in a note.

However, they added, "There should be no wishful thinking

that the truce would end the trade war between the world's two

largest economies."

Singapore shares rose 2.25 percent to their highest

since Oct. 8, while Philippine stocks climbed 2 percent

to a near 12-week peak.

Consumer cyclicals and technology stocks led the gains in

Singapore with Genting Singapore rising 6.2 percent

and Golden Agri-Resources firming 2 percent.

Industrial and real estate stocks led the gains in the

Philippines. SM Investments Corp rose 4.4 percent, while

Ayala Land gained 0.8 percent.

Indonesian shares rose 1.2 percent ahead of the

release inflation data later in the day.

A Reuters poll predicts November annual inflation at 3.15

percent, easing from October after Bank Indonesia raised

interest rates on Nov. 15 for the sixth time this year.

Telekomunikasi Indonesia (Persero) Tbk Perusahaan Perseroan

PT strengthened 1.6 percent, while Unilever Indonesia

Tbk PT rose 1.9 percent.

Thai shares gained 1.3 percent, helped by energy and

financial stocks.

Meanwhile, data showed the annual headline consumer price

index rose 0.9 percent in November, marginally falling short of

the 1 percent rise predicted in a Reuters poll.

For Asian Companies click;

SOUTHEAST ASIAN STOCK MARKETS: As at 0315 GMT

Market Current Previous close Pct Move

Singapore 3185.71 3117.61 2.18

Bangkok 1663.1 1641.8 1.30

Manila 7516.17 7367.85 2.01

Jakarta 6128.83 6056.124 1.20

Kuala Lumpur 1693.76 1679.86 0.83

Ho Chi Minh 941.51 926.54 1.62

Change on year

Market Current End prev yr Pct Move

Singapore 3185.71 3402.92 -6.38

Bangkok 1663.1 1753.71 -5.17

Manila 7516.17 8,558.42 -12.18

Jakarta 6128.83 6,355.65 -3.57

Kuala Lumpur 1693.76 1796.81 -5.74

Ho Chi Minh 941.51 984.24 -4.34

(Reporting by Shreya Mariam Job in Bengaluru; Editing by

Subhranshu Sahu)