SE Asia Stocks-Indonesia, Philippines jump on U.S.-China trade talks optimism

* Vietnam climbs for fifth straight session

* Singapore, Malaysian, Thai shares also rise

By Karthika Suresh Namboothiri

Sept 13 (Reuters) - Indonesian shares jumped on Thursday and

Philippine stocks saw respite after six days of declines on

hopes that China and the United States could strike a deal in

their bitter tariff dispute during a new round of trade talks.

Markets in Singapore, Thailand and Malaysia also rose,

tracking broader Asia, after news that the Trump administration

invited Chinese officials to restart talks.

Asian shares ex-Japan rose 0.7 percent and

looked set to snap a nine-session losing streak.

Fears of an escalation in the tariff feud between the

world's two largest economies have hit sentiment in recent days

and news of the trade talks comes as the United States prepares

to impose duties on $200 billion worth of Chinese goods.

Indonesian stocks climbed more than 1 percent, with

financial and telecom shares driving gains.

Telekom Indonesia rose 4.2 percent, while Bank

Mandiri advanced 2.8 percent.

"The Indonesian market was one of the most hurt market among

emerging markets peers, and investors have been waiting for any

signs of relief", said Taye Shim, head of research at Mirae

Asset Sekuritas.

The resumption of the trade talks with China has helped fuel

investor confidence, he said, speaking from Jakarta.

Shares in Indonesia, Southeast Asia's largest economy, have

slid 9 percent this year.

Meanwhile, the Philippine stock index climbed as much

as 0.7 percent, as conglomerate JG Summit and consumer

food group Universal Robina gained 2.5 percent each.

Singaporean shares inched up 0.5 percent with

financials providing the boost. DBS Group and United

Overseas Bank Ltd added 1 percent each.

Thai shares jumped over 1.5 percent with gas

supplier PTT Public Co rising 3 percent, and Airports

of Thailand gaining 2 percent.

Malaysia's benchmark index inched 0.2 percent higher

after touching a four-week low earlier in the session. Banker

CIMB Group Holdings gained 2 percent.

For Asian companies, click

SOUTHEAST ASIAN STOCK MARKETS AS AT 0422 GMT

Market Current Previous Close Pct Move

Singapore 3129.22 3124.65 0.15

Bangkok 1705.48 1679.39 1.55

Manila 7468.44 7449.2 0.26

Jakarta 5852 5798.151 0.93

Kuala Lumpur 1788.77 1785.25 0.20

Ho Chi Minh 990.32 987.01 0.34

Change on year

Market Current End 2017 Pct Move

Singapore 3129.22 3402.92 -8.04

Bangkok 1705.48 1753.71 -2.75

Manila 7468.44 8558.42 -12.74

Jakarta 5852 6355.654 -7.92

Kuala Lumpur 1788.77 1796.81 -0.45

Ho Chi Minh 990.32 984.24 0.62

(Additional Reporting by Soumyajit Saha; Editing by Sai Sachin

Ravikumar)

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