U.S. Markets closed

SE Asia Stocks-Most fall as investors remain unsure about U.S.-China trade deal

* Philippines top loser with 1.1 pct decline

* Singapore rises for third straight session

By Niyati Shetty

Jan 8 (Reuters) - Most Southeast Asian stock markets fell on

Tuesday, with Philippines leading the decline, as investors

remained worried whether China and the United States can clinch

a comprehensive agreement before a March deadline.

U.S. Commerce Secretary Wilbur Ross predicted on Monday that

Beijing and Washington could reach a deal that "we can live

with" as officials from the world's top two economies hold

negotiations in China.

China's Foreign Ministry said Beijing had the "good faith"

to work with the United States to resolve trade frictions, but

many analysts doubt the two sides can reach a deal on all of the

divisive issues.

"We have to look at it from a slightly bigger picture. You

cannot view it by a day-by-day basis because the trade deal is

not a one-day thing," said Charles William Ang, associate

analyst at COL Financial Group Inc.

"There might be recent developments but it has been an issue

for quite sometime now, so you cannot really judge the impact."

Philippine stocks closed 1.1 percent lower, snapping

four straight sessions of gains.

Financial and real estate stocks were the top losers, with

Ayala Corp and SM Prime Holdings Inc declining

2.8 percent and 2.3 percent, respectively.

Indonesian shares skidded 0.4 percent, hurt by

consumer stocks. Unilever Indonesia Tbk PT fell 2.6

percent, while cigarette maker Gudang Garam Tbk PT

dropped 1.7 percent.

An index of the country's 45 most liquid stocks

retreated 0.5 percent.

Meanwhile, Singapore shares closed higher for a third

consecutive session. DBS Group Holdings Ltd advanced

0.7 percent, while Oversea-Chinese Banking Corp Ltd

gained 1.1 percent.

For Asian Companies click;


Market Current Previous close Pct Move

Singapore 3122.94 3102.8 0.65

Bangkok 1594 1592.72 0.08

Manila 7702.12 7787.66 -1.10

Jakarta 6262.847 6287.224 -0.39

Kuala Lumpur 1672.76 1679.17 -0.38

Ho Chi Minh 887.44 889.64 -0.25

Change so far in 2019

Market Current End 2018 Pct Move

Singapore 3122.94 3068.76 1.77

Bangkok 1594 1563.88 1.93

Manila 7702.12 7,466.02 3.16

Jakarta 6262.847 6,194.50 1.10

Kuala Lumpur 1672.76 1690.58 -1.05

Ho Chi Minh 887.44 892.54 -0.57

(Editing by Subhranshu Sahu)