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SE Asia Stocks-Indonesia gains on Widodo's likely re-election; Vietnam falls

* Indonesia posts 1.3 pct weekly gain

* Vietnam hits 2-mth closing low

* Singapore stocks gain for 6th straight week

By Niyati Shetty

April 18 (Reuters) - Indonesian stocks ended higher on

Thursday as President Joko Widodo looked poised to win a second

term based on unofficial vote counts, while Vietnam shares

slumped to a 2-month closing low dragged down by consumer staple

and real estate counters.

Results from private pollsters showed Widodo winning the

popular vote with at least 54 percent, giving him a lead of

around eight percentage points ahead of challenger Prabowo


"During his new term, we would expect stability and

continuity in his polices, thus removing a major overhang for

the market," DBS Bank said in a note to clients.

The Jakarta index pared earlier gains, to end the

session 0.4 percent higher. The benchmark, which will be closed

for holidays on Friday, advanced 1.3 percent this week.

Financials were the biggest boost to the index, with Bank

Central Asia Tbk PT rising 2.4 percent and Bank

Mandiri (Persero) Tbk PT adding 2.3 percent.

Meanwhile, Vietnam shares declined for a fourth

straight session, slipping 1 percent on Thursday, its lowest

closing level since Feb. 18.

Fitch Solutions said Vietnam's real GDP growth will slow to

6.5 percent this year from 7.1 percent in 2018, while earning

growth in banking sector is also expected to ease.

Saigon Beer Alcohol Beverage Corp slumped 6.4

percent, while Vingroup JSC fell 0.9 percent.

Malaysian stocks trimmed earlier losses to end

marginally lower. Telecom firm Maxis Bhd was the worst

performer, declining 2.2 percent.

Philippine markets were closed for the week on

account of holidays, while Singapore will be shut on


The Singapore bourse gained for a sixth consecutive week,

advancing 0.5 percent this week.

For Asian Companies click;


Market Current Previous close Pct Move

Singapore 3347.58 3348.64 -0.03

Bangkok 1675 1673.2 0.11

Jakarta 6507.221 6481.541 0.40

Kuala Lumpur 1619.73 1620.9 -0.07

Ho Chi Minh 962.3 972.1 -1.01

Change so far in 2019

Market Current End 2018 Pct Move

Singapore 3347.58 3068.76 9.09

Bangkok 1675 1563.88 7.11

Jakarta 6507.221 6,194.50 5.05

Kuala Lumpur 1619.73 1690.58 -4.19

Ho Chi Minh 962.3 892.54 7.82

(Reporting by Niyati Shetty in Bengaluru; Editing by Rashmi