SE Asia Stocks-Rise as Korea tensions fade, S'pore hits 10-1/2-year high

* Singapore rides high on bank lending growth

* Philippines rises to an over 1-week high

By Sumeet Gaikwad

April 30 (Reuters) - Southeast Asian stock markets rose on

Monday as easing tensions in the Korean peninsula boosted

investor sentiment, while Singapore stocks surged to a 10-year

high powered by strong loan growth in the financials-dominated

market.

MSCI's broadest index of Asia-Pacific shares outside Japan

climbed 0.9 percent after gaining more than 1

percent on Friday.

"Witnessing a moving visual representation of diminished

Korean Peninsula tensions may not be without benefits for risk

sentiments; at least in terms of dialling down perceptions of

global geo-political risks," Mizuho Bank said in a note.

Singapore shares rose to their highest since November

2007 on gains in financials. DBS Group Holdings led

the gains after the city-state's biggest lender reported a

record profit.

Singapore's total bank lending rose 1.6 percent in March

from a month earlier as lending to financial institutions

increased, central bank data showed.

United Overseas Bank Ltd and Oversea-Chinese

Banking Corp climbed to an all-time high.

The Jakarta stock exchange firmed 0.6 percent led by

gains in financials and energy stocks. Coal miner Bayan

Resources was the top gainer with a 20 percent surge.

Indonesia's annual inflation rate is seen inching up in

April from a month before, but still within the central bank's

target range, a Reuters poll showed.

The country's index of 45 most liquid stocks was

up 0.7 percent.

Thai shares were up marginally in thin volumes as

the market awaits March factory output and trade volumes data.

Thailand's March factory output likely rose at a slower

pace, a Reuters poll showed.

Philippine stocks rose 0.5 percent.

Malaysian stocks were largely flat as gains from

financials were offset by losses in utilities and consumer

staples.

Vietnam was closed for a holiday.

For Asian Companies click;

SOUTHEAST ASIAN STOCK MARKETS: AS AT 0334 GMT

Change on day

Market Current Previous Close Pct Move

Singapore 3616.41 3577.21 1.10

Bangkok 1779.45 1778.02 0.08

Manila 7756.47 7721.02 0.46

Jakarta 5955.871 5919.238 0.62

Kuala Lumpur 1864.03 1863.47 0.03

Change on year

Market Current End 2017 Pct Move

Singapore 3616.41 3402.92 6.27

Bangkok 1779.45 1753.71 1.47

Manila 7756.47 8558.42 -9.37

Jakarta 5955.871 6355.654 -6.29

Kuala Lumpur 1864.03 1796.81 3.74

Ho Chi Minh 1050.26 984.24 6.71

(Reporting by Sumeet Gaikwad in Bengaluru; Editing by Gopakumar

Warrier)