SE Asia Stocks-Rise; Malaysia closed after general elections

* Philippine GDP growth rate matches expectations

* Indonesian cbank says preparing to adjust benchmark rate

* Malaysian cbank policy meeting on despite public holiday

By Karthika Suresh Namboothiri

May 10 (Reuters) - Southeast Asian stock markets, except

Singapore, rose on Thursday in line with broader Asian peers

that were boosted by rising energy stocks, while Malaysia was

shut following results of the general elections.

Asia shares ex-Japan gained 0.6 percent,

boosted by energy stocks that gained from rallying crude oil

prices as traders adjusted to the prospects of renewed U.S.

sanctions against Iran.

In Southeast Asia, Philippine stocks rose as much as

nearly 1 percent, led by gains in banks. BDO Unibank Inc

climbed as much as 2.3 percent, while Security Bank

Corp gained 4.2 percent.

The country's economy grew 6.8 percent in the first quarter

from a year earlier, matching expectations, driven by industry

and services, the statistics agency said.

The GDP data came as no surprise, and did not affect the

markets, said Fio De Jesus, an equity research analyst with RCBC

Securities in Manila.

The Malaysia government declared special public holidays

after an opposition alliance won the general elections in a

shock victory, and the country's national stock exchange, Bursa

Malaysia, said trading would be suspended on Thursday

and Friday.

However, Bank Negara Malaysia, the country's central bank,

said it will hold its scheduled policy meeting as planned later

in the day.

Mahathir Mohamad's Pakatan Harapan (Alliance of Hope) won

113 of parliament's 222 seats, in a stunning defeat of the

coalition that has ruled the Southeast Asian country since

independence from Britain six decades ago.

Indonesian markets were closed for a local holiday,

after shares ended the previous session over 2 percent higher.

Indonesia's central bank said on Wednesday it was

intervening in the markets to support the rupiah and was

preparing to adjust its benchmark interest rate.

Data earlier this week showed the Indonesian economy grew at

a weaker-than-expected pace of 5.06 percent in the first

quarter, adding another headwind to markets already worried

about outflows from the high-yielding rupiah bond markets.

Thailand snapped five sessions of losses to edge up

0.2 percent, while Singapore shed 0.1 percent, with

beverages distributor Thai Beverage PCL down as much

as 2.4 percent.

For Asian Companies click;

SOUTHEAST ASIAN STOCK MARKETS AS AT 0447 GMT

Change on the day

Market Current Previous close Pct Move

Singapore 3543.67 3548.54 -0.14

Bangkok 1759.88 1756.9 0.17

Manila 7610.83 7555.27 0.74

Ho Chi Minh 1057.85 1056.97 0.08

Change on year

Market Current End 2017 Pct Move

Singapore 3543.67 3402.92 4.14

Bangkok 1759.88 1753.71 0.35

Manila 7610.83 8558.42 -11.07

Ho Chi Minh 1057.85 984.24 7.48

(Reporting by Karthika Suresh Namboothiri; Editing by Biju

Dwarakanath)