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SE Asia Stocks-Most rally as U.S.-China trade war anxiety fades

* Asian shares ex-Japan rise more than 1 pct

* Philippines finishes 1.5 pct higher

By Syed Saif Hussain Naqvi

March 27 (Reuters) - Southeast Asian stock markets rose in

line with global equities on Tuesday, after reports of

U.S.-China trade negotiations and Chinese premier's pledge to

ease access for American businesses allayed fears of a trade war

between the two economies.

MSCI's broadest index of Asia-Pacific shares outside Japan

extended gains to finish over 1 percent higher,

after Wall Street scored its best day in 2-1/2 years on Monday.

Philippine shares ended 1.5 percent higher, bolstered

by financials.

"The Philippine market has nosedived from a high of 9,000,

eventually down to 7,834 yesterday, which has inspired some

buying appetite in the market," said Manny Cruz, analyst at

Asiasec Equities Inc.

"The oversold nature of the market, boosted by gains in Wall

Street has improved trading today."

Bank of the Philippine Islands was the biggest

boost to the main index, soaring as much as 5.2 percent.

Vietnam shares ended flat, paring most of the

session's gains that lifted had the index to an all-time top.

Gains in consumer staple stocks offset losses in financials,

with Vietnam Dairy Products JSC gaining more than 2

percent and contributing most to the benchmark.

Indonesian shares ended the session marginally

higher, boosted mainly by healthcare and materials stocks.

The index of the country's 45 most liquid stocks

rose 0.15 percent.

Singapore shares ended 0.8 percent higher as

financials gained.

STOCK MARKETS

Change on day

Market Current Previous Pct Move

close

Singapore 3439.35 3412.46 0.79

Bangkok 1802.58 1801.1 0.08

Manila 8047.03 7932.38 1.45

Jakarta 6209.35 6200.172 0.15

Kuala Lumpur 1862.45 1859.91 0.14

Ho Chi Minh 1171.73 1171.22 0.04

Change so far

in 2018

Market Current End 2017 Pct Move

Singapore 3439.35 3402.92 1.07

Bangkok 1802.58 1753.71 2.79

Manila 8047.03 8558.42 -5.98

Jakarta 6209.35 6355.654 -2.30

Kuala Lumpur 1862.45 1796.81 3.65

Ho Chi Minh 1171.73 984.24 19.05

For Asian Companies click;

SOUTHEAST ASIAN STOCK MARKETS

(Reporting by Syed Saif Hussain Naqvi in Bengaluru; Editing by

Amrutha Gayathri)