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SE Asia Stocks-Most decline; Indonesia walloped by consumer stocks

* Jakarta index falls, Unilever Indonesia plunges

* Singapore eases from over 10-mth high

* Thailand posts mild gains

By Ambar Warrick

April 25 (Reuters) - Indonesian shares fell on Thursday

following disappointing corporate results, while Singapore

stocks edged lower from a more than 10-month high as benign

broader markets were reflected across Southeast Asia.

Asian shares trickled lower on resurgent fears of slowing

global growth, as well as a softer lead-in from Wall Street


The Jakarta stock index fell 0.7 percent, leading

declines in the region as consumer staples fell. Unilever

Indonesia plunged for a second straight day and

Maybank Kim Eng said the company's quarterly profit declined 5

percent and came slightly below expectations.

Unilever is among the top consumer stocks in the country,

and any decline in its results points to a weaker operating

environment for the second heaviest sector in the Indonesian


Processed meat producer Charoen Pokphand Indonesia

and cigarettes maker Gudang Garam dropped about 4

percent and 2.1 percent, respectively, while an index of the 45

most liquid Indonesian stocks fell 1 percent, implying

high volatility in equities.

Investors are also anticipating a rate decision from the

Indonesian Central Bank later in the day, with a Reuters poll

expecting them to stand pat.

Singapore stocks shed about 0.2 percent after ending

at their highest since June 2018 on Wednesday.

Financials were the largest drag on the index, with lending

heavyweights DBS Group and Oversea-Chinese Banking

Corp falling 0.2 percent and 0.3 percent,


"The STI saw modest gains of 0.27 percent to close at

3,362.43 yesterday and may consolidate today amid weak cues from

Wall Street overnight," OCBC said in a note to clients.

Bucking the trend, Thai stocks rose about 0.1

percent, with real estate and financial stocks leading gains.

Land and Houses PCL added about 1.8 percent, while

credit card provider Krungthai Card PCL rose 1.9


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Change on the day

Market Current Previous close Pct Move

Singapore 3355.44 3362.43 -0.21

Bangkok 1675.82 1673.43 0.14

Manila 7833.22 7846.99 -0.18

Jakarta 6403.051 6447.885 -0.70

Kuala Lumpur 1632.57 1638.01 -0.33

Ho Chi Minh 975.37 976.92 -0.16

Change on year

Market Current End 2018 Pct Move

Singapore 3355.44 3068.76 9.34

Bangkok 1675.82 1563.88 7.16

Manila 7833.22 7466.02 4.92

Jakarta 6403.051 6194.498 3.37

Kuala Lumpur 1632.57 1690.58 -3.43

Ho Chi Minh 975.37 892.54 9.28

(Reporting by Ambar Warrick in Bengaluru; editing by Gopakumar