U.S. Markets closed

SE Asia Stocks-Philippines snaps 3-day losing streak; Singapore extends losses

* Singapore falls for 4th session

* Thai shares gain after 5 sessions of losses

By Niyati Shetty

Oct 9 (Reuters) - Philippine shares snapped a three-day

losing streak on Tuesday, while Singapore fell for a fourth

straight session on caution ahead of a central bank meeting on

Friday in which it is expected to slightly tighten the monetary


Sentiment was subdued in the region after the International

Monetary Fund cut global growth forecasts for 2018 and 2019 and

downgraded the outlook for the U.S. and China, citing trade

policy tensions.

Rising U.S. Treasury yields also capped gains in equities,

with nagging concerns over growth prospects affecting Chinese

stocks despite Beijing's steps to support the economy and

contain the effects of an escalating trade war.

Philippine shares ended higher, helped by the real

estate and industrials sectors, with Ayala Land gaining

1.8 percent and SM Investments Corp adding 1.6 percent.

"The market was due for a bounce given the continued

decline, which has already put most of the blue-chip stocks at

attractive prices," said Manny Cruz, an analyst at Asiasec

Equities Inc.

Singapore's FTSE Straits Times Index ended 0.5

percent lower, with Consumer shares dragging the city-state's

index lower. Thai Beverage PCL fell 3.9 percent while

DBS Group Holdings declined 0.8 percent.

Leading gains in the region, Indonesian shares rose

for a second straight day, up 0.6 percent, as financials and

telecommunication shares boosted the index.

Telekomunikasi Indonesia rose 2 percent while Bank

Central Asia closed 1.3 percent higher.

Elsewhere, Thai shares closed marginally higher

after five straight sessions of losses. Energy stocks PTT

Exploration and Production and PTT PCL rose

2.1 percent and 0.5 percent, respectively.

Vietnam shares closed marginally higher, while the

Malaysian index extended losses into a fifth session,

falling 0.09 percent.

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Change on the day

Market Current Previous close Pct Move

Singapore 3166.6 3181.45 -0.47

Bangkok 1696.92 1696.22 0.04

Manila 7059.38 7050.82 0.12

Jakarta 5796.79 5761.073 0.62

Kuala Lumpur 1774.15 1775.75 -0.09

Ho Chi Minh 996.19 996.12 0.01

Change on year

Market Current End 2017 Pct Move

Singapore 3166.6 3402.92 -6.94

Bangkok 1696.92 1753.71 -3.24

Manila 7059.38 8558.42 -17.52

Jakarta 5796.79 6355.654 -8.79

Kuala Lumpur 1774.15 1796.81 -1.26

Ho Chi Minh 996.19 984.24 1.21

(Reporting by Niyati Shetty in Bengaluru; Editing by Vyas