SE Asia Stocks-Thai shares fall most in 11 months; Philippines rebounds

By Hanna Paul

Oct 19 (Reuters) - Thai shares on Thursday recorded their

biggest single-day fall since mid-November while Philippine

shares reversed losses by the end of the session.

Sentiment in the region was dampened by a fall in Asian

stocks which shed gains after data showed that growth in China

slowed slightly in the third quarter.

Thai shares dropped as much as 1.6 percent despite

data showing a trade surplus in September. Thailand also raised

its 2017 export growth forecast to over 8 percent.

Malaysian shares slipped as much as 0.4 percent to

their lowest since April 20 ahead of the monthly inflation data

due on Friday.

The consumer price index likely rose 4.3 percent in

September, according to analysts polled by Reuters, indicating

an increase in the inflation rate for a second straight month.

Indonesian stocks ended 0.3 percent lower ahead of a

policy meeting later in the day in which the central bank is

expected to stay pat on the monetary policy.

"Market and Mirae expect key interest rates to remain

unchanged at 4.25 percent," Mirae Asset Sekuritas said in a

note.

The Indonesian sub-index, comprising 45 most

liquid stocks on the benchmark, lost as much as 0.9 percent with

Telekom Indonesia leading decliners.

Indonesian crude palm oil exports are expected to dip

slightly in September from the previous month while output from

the world's top producer of the commodity grew, according to a

Reuters survey.

Philippine shares recouped early losses to end 0.7

percent higher. Index heavyweight Ayala Corp was the top

gainer on the benchmark.

The Philippine military said there was a "big possibility"

that a top Malaysian militant tipped to become Islamic State's

point man in Southeast Asia was killed in battle, during the

Marawi seige, the country's biggest security crisis in years.

Singapore shares rose for a fifth session in six,

with United Overseas Bank and DBS Group Holdings

the leading the gains.

Singapore Exchange Ltd and U.S.-based Nasdaq

formed a pact to support fast growing Asian companies to list on

both capital markets, possibly simultaneously.

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SOUTHEAST ASIAN STOCK MARKETS

Change on the day

Market Current Previous Pct

close Move

Singapore 3334.91 3329.03 0.18

Bangkok 1683.43 1707.53 -1.41

Manila 8487.37 8431.73 0.66

Jakarta 5910.53 5929.201 -0.31

Kuala Lumpur 1743.99 1748.99 -0.29

Ho Chi Minh 828.93 827.72 0.15

Change on year

Market Current End 2016 Pct

Move

Singapore 3334.91 2880.76 15.76

Bangkok 1683.43 1542.94 9.11

Manila 8487.37 6840.64 24.1

Jakarta 5910.53 5296.711 11.59

Kuala Lumpur 1743.99 1641.73 6.23

Ho Chi Minh 828.93 664.87 24.7

(Reporting by Hanna Paul; Editing by Vyas Mohan)