U.S. Markets closed

SE Asia Stocks-Most gain on global cues; S'pore, Indonesia extend rally

* Asian shares ex-Japan rise

* Philippines set to snap three sessions of losses

* Singapore, Indonesia gain more than 1 percent each

By Karthika Suresh Namboothiri

July 10 (Reuters) - Most Southeast Asian stock markets

climbed on Tuesday, with Singapore and Indonesia extending their

rally, as U.S. stocks gained overnight on hopes of strong

corporate earnings, boosting positive sentiment across Asia.

Asian shares outside Japan climbed for a

third straight session, as bank shares boosted Wall Street on

Monday, although trade tensions between the United States and

China continued to linger.

"Trade war risks were somewhat side-lined as U.S. equities

finished higher led by financials and industrial stocks on

higher earnings expectations", Mizuho Bank said in a note.

Wall Street's big banks, JPMorgan Chase & Co, Wells

Fargo & Co and Citigroup Inc, are scheduled to

report results on Friday.

Singapore shares rose as much as 1.3 percent, boosted

by gains in financials such as DBS Group Holdings,

which jumped 3 percent, and Oversea-Chinese Banking Corp

, which gained over 2 percent.

Philippine stocks edged 0.2 percent higher and were

set to snap three sessions of losses, as telecom company PLDT

Inc gained 1.9 percent as its New York-listed

depositary receipts rose nearly 1 percent overnight.

The country's trade deficit widened in May to a five-month

high as exports fell while imports continued to grow at a slower

annual pace, official data showed.

Malaysian stocks rose 0.5 percent, with Telekom

Malaysia Bhd up as much as 3 percent, while maritime

solutions provider MISC Bhd gained 2.7 percent.

The Indonesian index rose as much as 1.4 percent,

building on the previous session's 2 percent gain. Astra

International climbed 2.8 percent, and Indiah Kiat

Pulp & Paper rose 6 percent.

Meanwhile, Thai shares shed 0.2 percent, with

industrials among top percentage losers. Airports of Thailand

fell as much as 2.6 percent.

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Market Current Previous close Pct Move

Singapore 3272.34 3228.82 1.35

Bangkok 1622.34 1622.96 -0.04

Manila 7196.46 7186.62 0.14

Jakarta 5862.935 5807.375 0.96

Kuala Lumpur 1680.25 1672.63 0.46

Ho Chi Minh 919.73 915.12 0.50

Change on year

Market Current End 2017 Pct Move

Singapore 3272.34 3402.92 -3.84

Bangkok 1622.34 1753.71 -7.49

Manila 7196.46 8558.42 -15.91

Jakarta 5862.935 6355.654 -7.75

Kuala Lumpur 1680.25 1796.81 -6.49

Ho Chi Minh 919.73 984.24 -6.55

(Reporting by Karthika Suresh Namboothiri in Bengaluru; Editing

by Amrutha Gayathri)