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SE Asia Stocks-Most edge up; Philippines climbs to near 2-mth high

* Indonesia snaps four sessions of gains

* Philippines hits near two-month closing high, rises 2.6

pct

By Aman Swami

Nov 19 (Reuters) - Most Southeast Asia shares edged higher

on Monday with a resolution to the Sino-U.S. trade dispute still

in doubt, while Philippine shares extended their rally on the

back of last week's interest rate hike.

Philippine shares rose for a fourth consecutive

session, surging 2.6 percent to a near-two-month closing high.

The Philippine central bank on Thursday raised its benchmark

interest rate for the fifth straight time in a bid to tackle

elevated inflation and bring it back to within its target range

next year.

"Last week central bank hiking rates contributes to the

magnitude of the rally today," said Charles William Ang, an

associate analyst with COL Financial Group, Inc.

The central bank also forecast inflation would return to its

2-4 percent target range next year, suggesting its current

tightening cycle may be at an end.

Index heavyweight SM Investments Corp climbed 4.3

percent, while the country's oldest conglomerate, Ayala Corp

, soared as much as 4.5 percent to hit a near-two-month

closing high.

However, most other regional markets were hurt by Sino-U.S.

tensions which were clearly on display at an APEC meeting in

Papua New Guinea over the weekend, where leaders failed to agree

on a communique for the first time ever.

Malaysian stocks edged up 0.3 percent, with IHH

Healthcare Bhd climbing 1.5 percent and CIMB Group

Holdings Bhd rising 1.4 percent.

Vietnam stocks hit a one-week closing high, adding 2

percent, boosted by real estate and financial stocks.

Singapore shares fell 0.6 percent, with conglomerate

Jardine Matheson Holdings Ltd plunging as much as 2.9

percent, while Oversea-Chinese Banking Corporation Ltd

slipped 0.6 percent.

Indonesia's benchmark index edged 0.1 percent lower,

after four straight sessions of gains, dragged down by losses in

telecommunication and energy sectors.

Telekomunikasi Indonesia (Persero) Tbk slipped as

much as 2.5 percent, while conglomerate Astra International Tbk

PT shed 0.6 percent.

Thai shares were flat after the country's economy

unexpectedly stalled in the third quarter, spurring questions

about whether weakness in key growth drivers - exports and

tourism - will make authorities delay hiking interest rates for

the first time since 2011.

For Asian Companies click;

SOUTHEAST ASIAN STOCK MARKETS

Change on day

Market Current Previous Close Pct Move

Singapore 3065.07 3083.6 -0.60

Bangkok 1636.48 1635 0.09

Manila 7270.26 7083.34 2.64

Jakarta 6005.297 6012.35 -0.12

Kuala Lumpur 1710.71 1706.38 0.25

Ho Chi Minh 916.06 898.19 1.99

Change on year

Market Current End 2017 Pct Move

Singapore 3065.07 3402.92 -9.93

Bangkok 1636.48 1753.71 -6.68

Manila 7270.26 8558.42 -15.05

Jakarta 6005.297 6355.654 -5.51

Kuala Lumpur 1710.71 1796.81 -4.79

Ho Chi Minh 916.06 984.24 -6.93

(Reporting by Aman Swami; Editing by Sunil Nair)

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