* All markets post substantial fall for quarter
* Vietnam worst performer for qtr, down 18.2 pct
By Ambar Warrick
June 29 (Reuters) - Most Southeast Asian stock markets rose
on Friday, with Malaysia posting its sharpest jump in nearly
2-1/2 years, as strong overnight gains on Wall Street helped
boost investor sentiment.
But for the quarter, all markets logged substantial losses
on trade tensions between China and the United States. Vietnam
shares were the worst performers with a loss of 18.2
percent, while Singapore stocks fell the least with a
drop of 4.6 percent.
Wall Street ended higher on Thursday as technology and other
growth sectors rebounded from the previous day's declines and
financials snapped a 13-session losing streak.
Asian shares rallied from nine-month lows on Friday with
MSCI's broadest index of Asia-Pacific shares outside Japan
rising 1.6 percent.
Malaysian shares jumped 1.6 percent and snapped four
straight sessions of decline.
An analyst with a local bank attributed the gain to Tenaga
Nasional Bhd's tariff revision, but said headwinds
were expected for the market going ahead, particularly due to
global trade tensions.
Shares of Tenaga Nasional jumped 7.2 percent after the
electricity utility revised its tariffs and said it would charge
non-domestic customers an additional surcharge for the
July-December period. (https://bit.ly/2N5X6Yd)
Malaysian shares shed more than 9 percent for the quarter,
their biggest since the three-months ended September 2011.
Indonesian shares climbed 2.3 percent and snapped
three consecutive sessions of fall, helped mainly by financials
and consumer staples, after the central bank surprised the
market with a 50 basis point hike in its key rate.
This was the third time in six weeks that the central bank
hiked its benchmark rate, in a bid to strengthen the fragile
Bank Indonesia raised the 7-day reverse repo rate
to 5.25 percent on Friday. Seventeen out of 23
economists polled by Reuters had predicted a 25 bps increase.
Bank Mandiri ended 5.4 percent higher, while
Unilever Indonesia closed up 3.5 percent.
Indonesian shares declined 6.3 percent for the quarter, the
biggest since September 2015.
Meanwhile, Thai shares extended their decline into a
third session and posted a 10-month closing low on largely
Data released earlier in the day showed the country's
current account surplus narrowed in May.
For Asian Companies click;
SOUTHEAST ASIAN STOCK MARKETS
Change on the day
Market Current Previous close Pct Move
Singapore 3268.7 3257.57 0.34
Bangkok 1595.58 1599.54 -0.25
Manila 7193.68 7066.57 1.80
Jakarta 5799.237 5667.319 2.33
Kuala Lumpur 1691.5 1665.68 1.55
Ho Chi Minh 960.78 957.35 0.36
Change on year
Market Current End 2017 Pct Move
Singapore 3268.7 3402.92 -3.94
Bangkok 1595.58 1753.71 -9.02
Manila 7193.68 8558.42 -15.95
Jakarta 5799.237 6355.654 -8.75
Kuala Lumpur 1691.5 1796.81 -5.86
Ho Chi Minh 960.78 984.24 -2.38
(Reporting by Ambar Warrick in Bengaluru; Editing by Subhranshu