U.S. Markets closed

SE Asia Stocks-Most fall as investors await more trade talk details

* Singapore shares fall ahead of manufacturing data

* Telecom and energy stocks drag Malaysian stocks

By Shriya Ramakrishnan

Feb 26 (Reuters) - Most Southeast Asian stock markets fell

in thin trade on Tuesday, tracking their broader Asian peers as

investors awaited more details on the outcome of Sino-U.S. trade


U.S. President Donald Trump on Sunday confirmed pushing back

the March 1 deadline for tariff hike on imports from China - the

region's biggest trading partner - but later sounded a note of

caution, saying a deal "could happen fairly soon, or it might

not happen at all."

Asian shares retreated from their gains on

Monday in light of Trump's comments.

"His (Trump's) antagonistic trade polices are far from

rolled back even as Trump suggests a U.S.-China deal in the

offing. Fact is, wider global trade concerns, derived from

Trump's policy of antagonistic, zero sum game approach to global

trade remain," Mizuho Bank said in a note.

Singapore's index fell about 0.2 percent, pressured

by financial and consumer stocks. Trading volumes in the island

state were at a fourth of their 30-day average.

Shares of Oversea-Chinese Banking Corp Ltd lost

about 0.8 percent, while resort operator Genting Singapore

shed as much as 1.9 percent.

The city-state will release industrial production data later

in the day, amidst a warning from the country's trade ministry

that manufacturing is likely to face significant moderation this


A Reuters poll expects manufacturing output in Singapore to

have fallen 3 percent in January, compared with a 2.7 percent

rise a year earlier.

The Malaysian benchmark slipped 0.4 percent, dragged

by telecom and energy stocks.

Malaysian telecom giant Maxis Bhd dropped 2.4

percent, its worst session in more than two months, while oil

and gas retailer Petronas Dagangan Bhd lost 5 percent.

The Thai index dipped 0.5 percent, hurt by energy

stocks with state energy firm PTT Pcl and PTT

Exploration and Production Pcl dropping 1 percent and

2 percent, respectively.

Oil prices tumbled overnight in their largest daily

percentage drop this year, and were at similar levels for the

day after U.S. President Donald Trump called on OPEC to ease its

efforts to boost crude prices, which he said were "getting too


Philippine stocks, which resumed trading after a

holiday, were up 0.3 percent, while Vietnam shares fell

0.3 percent.

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Change on the day

Market Current Previous close Pct Move

Singapore 3264.96 3272.35 -0.23

Bangkok 1664.09 1671.75 -0.46

Manila 7985.08 7962.13 0.29

Jakarta 6510.97 6525.358 -0.22

Kuala Lumpur 1717.7 1724.58 -0.40

Ho Chi Minh 991.47 994.43 -0.30

Change on year

Market Current End 2018 Pct Move

Singapore 3264.96 3068.76 6.39

Bangkok 1664.09 1563.88 6.41

Manila 7985.08 7466.02 6.95

Jakarta 6510.97 6194.498 5.11

Kuala Lumpur 1717.7 1690.58 1.60

Ho Chi Minh 991.47 892.54 11.08

(Reporting by Shriya Ramakrishnan in Bengaluru; Editing by

Rashmi Aich)