SE Asia Stocks-Singapore up on financials; Philippines, Indonesia off peaks

By Sumeet Gaikwad

Oct 5 (Reuters) - Singapore shares rose underpinned

by gains in its big three lenders, while most other Southeast

Asian stock markets edged lower, with the Indonesian and

Philippine indexes weighed down by profit-taking after they hit

record highs in the previous session.

Earlier, Asia shares ex-Japan held steady,

tracking Wall Street that edged up to extend a run of record

closing highs as services sector data added to signs of strength

in the U.S. economy.

The Singapore index closed 0.8 percent higher, with

financial and real estate stocks leading the gains.

Real estate company CapitaLand Ltd rose 2.5

percent, while United Overseas Bank Ltd ended 1.7

percent higher.

"There has been a slew of positive macro news for Singapore,

including close to 3-year high PMI to exports on pace for

fastest growth in 6 years," said Paul Chew, head of research at

Phillip Securities Research in Singapore. "We also have property

sales set for the best performance in four years."

Thai equities inched up at the close, buoyed by

telecom and industrial stocks.

PTT Global Chemical Pcl gained 1.6 percent, while

Advanced Info Service Pcl rose a little over 1

percent.

Shares in Indonesia ended in negative territory

after scaling a record high on Wednesday. The index posted its

first fall in five days.

Mining contractor United Tractors Tbk plunged

nearly 4 percent, while Unilever Indonesia Tbk closed

1.6 percent lower.

An index of the country's 45 most liquid stocks

fell 0.9 percent.

Philippine stocks drifted lower as investors booked

profits after recent highs, with index heavyweight Ayala Land

Inc dropping 1.8 percent and SM Investments Corp

slipping 0.8 percent.

"The Philippine index was at an all-time high yesterday, for

a fifth time this month. So, I think profit-taking is

occurring," said Edgar Lay, an analyst at Manila-based AB

Capital Securities.

Vietnam shares reversed gains to end marginally lower

after hitting a near 10-year high earlier in the session.

Malaysian shares edged lower, as utilities and

consumer discretionary stocks dragged.

Genting Malaysia Bhd closed 2 percent down, while

Tenaga Nasional Bhd edged 0.3 percent lower.

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SOUTHEAST ASIAN STOCK MARKETS:

Change on day

Market Current Previous Pct Move

Close

Singapore 3261.84 3236.65 0.78

Bangkok 1690.87 1687.77 0.18

Manila 8294.01 8344.05 -0.60

Jakarta 5901.906 5951.475 -0.83

Kuala Lumpur 1759.09 1761.84 -0.16

Ho Chi Minh 805.23 805.66 -0.05

Change on year

Market Current End 2016 Pct Move

Singapore 3261.84 2880.76 13.23

Bangkok 1690.87 1542.94 9.59

Manila 8294.01 6840.64 21.25

Jakarta 5901.906 5296.711 11.43

Kuala Lumpur 1759.09 1641.73 7.15

Ho Chi Minh 805.23 664.87 21.11

(Reporting by Sumeet Gaikwad; Editing by Biju Dwarakanath)