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SE Asia Stocks-Philippines gains; Indonesia down over 1 pct

* Malaysia gains for third straight session

* Indonesia's index of 45 most liquid stocks down 2 pct

By Karthika Suresh Namboothiri

May 15 (Reuters) - Philippine shares extended gains for a

third consecutive session and touched a one-month high on

Tuesday as foreign buying continued, while Indonesia shed nearly

1 percent weighed down by financials.

The Philippine index rose as much as 1.6 percent,

with real estate and industrials leading the gains.

"There is inflow of foreign funds and it’s a subsequent move

from last week," said Manny Cruz, analyst at Asiasec Equities

Inc.

Property developer SM Prime Holdings gained as

much as 6 percent and SM Investment Corp rose 1.5

percent.

Bangko Sentral ng Pilipinas had raised its benchmark

interest rate for the first time in over three years on

Thursday, following robust first-quarter GDP data, which is

helping the markets, added Cruz.

Foreign investors net bought 571.1 million pesos ($10.88

million) worth of equities on Friday, according to Philippine

Stock Exchange data. The financial markets were closed on Monday

for a holiday.

Malaysian stocks edged 0.5 percent higher, with

telecom and consumer sectors reaping benefits from a possible

repeal of the goods and service tax.

Telecommunication service provider Maxis Bhd

climbed as much as 5.4 percent, while Genting Malaysia

was up 1.8 percent.

In other parts of Southeast Asia, Indonesia slipped

over 1.5 percent, dragged down by financials. Indonesian

equities took a beating all of last week on capital outflow

worries.

Apart from the suicide bombing attacks that happened on

Monday, the currency is also one of the worst performers in the

region, adding to investor anxiety, Cruz said.

Bank Central Asia shed over 3 percent while Bank

Mandiri fell as much as 2.8 percent.

An index of country's 45 most liquid stocks fell

about 2 percent.

Thailand fell marginally as gains in healthcare

stocks were offset by losses in financials and energy stocks.

PTT Public Co, down as much as 1.8 percent, was the

biggest loser.

For Asian Companies click;

SOUTHEAST ASIAN STOCK MARKETS AS AT 0421 GMT

Change on the day

Market Current Previous close Pct Move

Singapore 3552.01 3562.46 -0.29

Bangkok 1766.69 1773.1 -0.36

Manila 7866.3 7752.11 1.47

Jakarta 5861.5 5947.155 -1.44

Kuala Lumpur 1856.82 1850.42 0.35

Ho Chi Minh 1075.03 1066.98 0.75

Change on year

Market Current End 2017 Pct Move

Singapore 3552.01 3402.92 4.38

Bangkok 1766.69 1753.71 0.74

Manila 7866.3 8558.42 -8.09

Jakarta 5861.5 6355.654 -7.78

Kuala Lumpur 1856.82 1796.81 3.34

Ho Chi Minh 1075.03 984.24 9.22

($1 = 52.5090 Philippine pesos)

(Reporting by Karthika Suresh Namboothiri)