SE Asia Stocks-Singapore, Philippines gain, others subdued; G20 in focus

* Sino-U.S. meeting at G20, Fed remarks in focus

* Singapore factory data due later on Monday

By Shreya Mariam Job

Nov 26 (Reuters) - Singaporean and Philippine shares gained

almost 1 percent each on Monday while other markets in the

region were subdued, ahead of a meeting between U.S. and Chinese

leaders this week.

Investors are bracing for the meeting at the G20 summit at

Buenos Aires beginning Friday, as a bitter trade war between the

United States and China shows no signs of easing.

Singaporean stocks gained 0.9 percent, ahead of

factory data expected later on Monday. A Reuters poll shows that

the city-state's manufacturing output for October is expected to

be 2.3 percent higher from the previous year.

Venture Corp Ltd jumped 5 percent, while Singapore

Airlines Ltd climbed 2.8 percent.

"Sentiment (in South East Asian markets) is improving as

traders price in a smoother G20 summit and lower interest

rates," said Liu Jinshu, director of research at Singapore-based

equity research firm NRA Capital.

The market is expecting a dovish tone from U.S. Federal

Reserve officials when they speak this week, following recent

financial market turmoil, said Paul Chew, head of research at

Singapore-based Phillip Securities Research.

U.S. Federal Reserve Chair Jerome Powell will speak in New

York on Wednesday, while Vice Chair Richard Clarida's speech is

expected on Tuesday.

Meanwhile, the Philippine benchmark index rose 0.98

percent to a two-month high, led by gains in industrials and

financials stocks.

Aboitiz Equity Ventures rose 5 percent, while

Metropolitan Bank and Trust advanced 3 percent.

A fall in oil prices pressured Thai energy stocks, pushing

the benchmark 0.2 percent lower.

PTT PCL dipped 1 percent, while PTT Exploration and

Production PCL fell 2.7 percent.

Oil prices steadied on Monday after plunging nearly 8

percent in the previous session, but remain under pressure amid

weak fundamentals and struggling financial markets.

Malaysian stocks shed 0.3 percent, dragged lower by

consumer cyclicals and utilities stocks.

Sime Darby Bhd and Sime Darby Plantation Bhd

were the top drags on the index, falling 3.2 percent

and 2.1 percent, respectively.

For Asian Companies click:

SOUTHEAST ASIAN STOCK MARKETS AT 0407 GMT

Market Current Previous close Pct Move

Singapore 3079.89 3052.49 0.90

Bangkok 1618.67 1622.1 -0.21

Manila 7412.13 7340.18 0.98

Jakarta 6000.816 6006.202 -0.09

Kuala Lumpur 1690.9 1695.88 -0.29

Ho Chi Minh 917.59 917.97 -0.04

Change on year

Market Current End prev yr Pct Move

Singapore 3079.89 3402.92 -9.49

Bangkok 1618.67 1753.71 -7.70

Manila 7412.13 8,558.42 -13.39

Jakarta 6000.816 6,355.65 -5.58

Kuala Lumpur 1690.9 1796.81 -5.89

Ho Chi Minh 917.59 984.24 -6.77

(Reporting by Shreya Mariam Job in Bengaluru

Editing by Sai Sachin Ravikumar)