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SE Asia Stocks-Most markets rise; Malaysia jumps most in nearly 2-1/2 years

* 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

rupiah.


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

broad-based losses.

Data released earlier in the day showed the country's

current account surplus narrowed in May.


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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

Sahu)