SE Asia Stocks-All rise; Indonesia hits near 11-month high

* Philippines gains 8.4 percent in Jan

* Thailand hits over 7-week high

* Singapore, Malaysia snap 3 straight days of losses

By Mensholong Lepcha

Jan 31 (Reuters) - Southeast Asian stocks rose on Thursday,

in line with broader Asia, as the U.S. Federal Reserve held

interest rates steady while signalling its three-year drive to

tighten monetary policy may be at an end.

A dovish Fed helped MSCI's broadest index of Asia-Pacific

shares outside Japan rise 0.7 percent to its

highest since Oct. 4.

The Fed kept rates at 2.25 percent to 2.5 percent as widely

expected, which are well below historical averages.

Meanwhile, Fed Chairman Jerome Powell made it clear that the

U.S. central bank would be "patient" before making any further

moves in raising borrowing costs.

Investors now focus their attention on a crucial round of

trade talks between high-level U.S.-China officials which began

on Wednesday aimed at easing a months-long tariff war.

The positive developments helped offset sentiment emanating

from bleak Chinese factory data which showed activity contracted

for a second straight month in January, pointing to further

strains on China's economy that could heighten risks to global

growth.

Indonesian shares jumped as much as 0.9 percent to

hit a near 11-month high. The index has gained 5.2 percent in

January, on track for three straight months of gains.

Unilever Indonesia gained as much as 1.7 percent,

while Bank Central Asia climbed as much as 1.1

percent.

Philippine shares led gains in Southeast Asia, rising

over 1 percent. The benchmark has outperformed regional peers in

so far in 2019, gaining 8.4 percent in January and on track for

its biggest monthly gain since March 2016.

BDO Unibank and SM Investment were the top

boost, rising as much as 2.5 percent and 2 percent,

respectively.

Thai shares were up as much as 0.9 percent, hitting

an over 7-week high, with investors awaiting the country's trade

data for December due later in the day.

Singapore and Malaysia shares were on track

to snap three consecutive days of losses, each rising as much as

0.7 percent.

Singapore shares were up on broad-based gains, with

management services firm ComfortDelGro Corp rising as

much as 2.6 percent, while technology services provider Venture

Corp hitting an over 3-1/2 month high.

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SOUTHEAST ASIAN STOCK MARKETS AS AT 0342 GMT

Change on the day

Market Current Previous close Pct Move

Singapore 3189.17 3174.38 0.47

Bangkok 1644.06 1632.6 0.70

Manila 8089.68 7979.95 1.38

Jakarta 6511.423 6464.189 0.73

Kuala Lumpur 1692.3 1684.11 0.49

Ho Chi Minh 916.99 915.84 0.13

Change so far in 2019

Market Current End 2018 Pct Move

Singapore 3189.17 3068.76 3.92

Bangkok 1644.06 1563.88 5.13

Manila 8089.68 7,466.02 8.35

Jakarta 6511.423 6,194.50 5.12

Kuala Lumpur 1692.3 1690.58 0.10

Ho Chi Minh 916.99 892.54 2.74

(Reporting by Mensholong Lepcha; Editing by Shreejay Sinha)