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SE Asia Stocks-Most end firmer on manufacturing rebound, trade deal hopes

* Upbeat data allays fears of global growth slowdown

* Singapore hits 9-1/2-month closing high

* Thai stocks post fourth straight session of gains

By Shreya Mariam Job

April 2 (Reuters) - Most Southeast Asian stock markets

closed higher on Tuesday, in line with broader Asia, as positive

U.S. and China manufacturing activity data alleviated concerns

of a global growth slowdown amid signs of progress on the trade

front.

U.S. manufacturing activity rebounded a bit more than

expected in March, while China's manufacturing sector

unexpectedly returned to growth for the first time in four

months in March.

Optimism stemming from the upbeat data boosted investor

confidence across the board, with MSCI's broadest index of

Asia-Pacific shares outside Japan rising 0.2

percent, hitting a seven-month high after rallying more than 1

percent in the previous session.

Investors were also encouraged by recent trade developments.

China's State Council said the country would continue to suspend

additional tariffs on U.S. vehicles and auto parts after April 1

in a goodwill gesture following a U.S. decision to delay tariff

hikes on Chinese imports.

Stating that the markets were revelling in the silver

linings in China's PMI and U.S. ISM data, Vishnu Varathan, a

senior economist with Mizuho Bank said in a note, "The trouble

with silver linings is that the clouds have yet to lift, even if

bets mount on the sunshine behind."

Leading the gains in the regional market, Singapore stocks

jumped nearly 1 percent to their highest close since Aug.

10, 2018, bolstered by financials.

DBS Group Holdings Ltd rose 1.9 percent to hit its

highest close in more than six months, while Oversea-Chinese

Banking Corp Ltd added 1.3 percent.

Industrial and telecom stocks drove the Philippine index

0.5 percent higher, with SM Investments Corp up

1.7 percent and PLDT Inc gaining 2.3 percent.

Thai stocks posted their fourth consecutive session

of gains, boosted by consumer and financial shares. CP All Pcl

ended 0.7 percent stronger, while Kasikornbank Pcl

firmed 1.3 percent

Malaysian equities rebounded from previous session's

plunge to end 0.3 percent firmer, on the back of financial and

telecom stocks.

Malaysia's exports likely rose 1.4 percent in February from

a year earlier, slower than the previous month, a Reuters poll

showed. The data is expected on Thursday.

Shares of Public Bank Bhd and Maxis Bhd

firmed 1 percent and 3 percent, respectively.

Vietnam stocks, the outliers in the region, shed

earlier gains to close in the red.


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SOUTHEAST ASIAN STOCK MARKETS

Change on the day

Market Current Previous close Pct Move

Singapore 3279.78 3250.51 0.90

Bangkok 1651.48 1644.64 0.42

Manila 7879.21 7840.31 0.50

Jakarta 6476.066 6452.611 0.36

Kuala Lumpur 1632.83 1628.66 0.26

Ho Chi Minh 985.81 988.53 -0.28

Change so far in 2019

Market Current End 2018 Pct Move

Singapore 3279.78 3068.76 6.88

Bangkok 1651.48 1563.88 5.60

Manila 7879.21 7,466.02 5.53

Jakarta 6476.066 6,194.50 4.55

Kuala Lumpur 1632.83 1690.58 -3.42

Ho Chi Minh 985.81 892.54 10.45

(Reporting by Shreya Mariam Job in Bengaluru; Editing by Sherry

Jacob-Phillips)