SE Asia Stocks-Rise; Thai closes at record high

By Devika Syamnath

Jan 15 (Reuters) - Southeast Asian stock markets rose on

Monday with Thailand closing at a record high, tracking gains in

broader Asia after Wall Street extended its record-setting run.

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

rose 0.3 percent, having finally cleared the

former all-time top of 591.50 from late 2007.

Wall Street was on a roll on Friday as the fourth-quarter

earnings season kicked off with solid results from banks and

robust retail sales, driving investor optimism about economic

growth.

"U.S. markets have had their strongest year-to-date gains in

more than 10 years, so that's having a positive spillover to

Asian markets," said Joel Ng, an analyst with KGI Securities in

Singapore.

Thailand's SET Index rose as much as 1.1 percent to

an all-time high before finishing 0.7 percent higher, with

energy and industrial stocks leading the gains.

Oil and gas firm PTT PCL climbed 3 percent to a

record, while Airports of Thailand added 2.5 percent.

Vietnam shares rose 1.3 percent to their highest

close since November 2007, on the back of gains in financials

and real estate.

Vietcom Bank and Vingroup JSC climbed 3.5

percent and 2.1 percent, respectively, to all-time closing

highs.

Singapore shares climbed 0.5 percent to their highest

close since April 2015 with financials accounting for majority

of the gains.

Oversea-Chinese Banking Corp Ltd and United

Overseas Bank Ltd rose 0.7 percent and 0.8 percent,

respectively, to record closing levels.

Philippine shares added 0.5 percent, helped by real

estate and industrial stocks.

Index heavyweight SM Investments Corp rose 1.1

percent, while Ayala Corp gained 1.9 percent to its

highest close since early November 2017.

Indonesian shares closed slightly higher, supported

by gains in financial and energy stocks.

The Jakarta Stock Exchange reopened for the afternoon

session after about a dozen people were injured in a floor

collapse earlier in the day.

Bank Negara was the top boost to the index with a

gain of 2.4 percent, while Unilever Indonesia added

0.7 percent.

Indonesia posted a trade deficit of $270 million in December

in its second month of deficit booked in 2017. Economists polled

by Reuters had expected a surplus of $640 million.

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SOUTHEAST ASIAN STOCK MARKETS:

Change on the day

Market Current Previous close Pct Move

Singapore 3536.41 3520.56 0.45

Bangkok 1822.66 1810.19 0.69

Manila 8857.72 8814.62 0.49

Jakarta 6382.195 6370.065 0.19

Kuala Lumpur 1825.91 1822.67 0.18

Ho Chi Minh 1063.47 1050.11 1.27

Change on year

Market Current End 2017 Pct Move

Singapore 3536.41 3402.92 3.92

Bangkok 1822.66 1753.71 3.93

Manila 8857.72 8558.42 3.50

Jakarta 6382.195 6355.654 0.42

Kuala Lumpur 1825.91 1796.81 1.62

Ho Chi Minh 1063.47 984.24 8.05

(Reporting by Devika Syamnath in Bengaluru; Editing by

Subhranshu Sahu)