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SE Asia Stocks-Tumble in line with Wall Street on global growth woes

* Malaysian stocks slide to near 2-year low

* Thai stocks at over 5-month low

* Caution prevails ahead of Fed Meeting on Wednesday

By Rashmi Ashok

Dec 18 (Reuters) - Southeast Asian stock markets tumbled on

Tuesday, tracking sharp losses on Wall Street, with Malaysia

falling to a near two-year low as investors continued to grapple

with concerns about a cooling global economy.

Risk appetite took a hit, with MSCI's broadest index of

Asian shares ex-Japan shedding 0.3 percent in

mid-morning trade, dealing a blow to regional markets which were

yet to recover losses incurred after gloomy economic data from

China last week.

The Malaysian benchmark index plunged to a near

two-year low, its lowest since Dec. 29, 2016, with IHH

Healthcare Bhd's stock being the index's top

percentage loser - down 4.5 percent- a day after the company

halted its offer for India's Fortis Healthcare Ltd after India's

apex court ruling on the deal.

The Singapore index relinquished all gains from the

previous session to fall 1.6 percent to a 1-week low, with

financial stocks coming under pressure.

Shares of the country's second-biggest listed lender

Oversea-Chinese Banking Corp Ltd fell 1.9 percent,

while those of industrial conglomerate Jardine Strategic

Holdings Ltd slipped 2.4 percent.

The Indonesian benchmark index slid to a near 3-week

low and was on track for a third straight session in the red,

with consumer stocks and financials weighing most on the index.

Cigarette maker Gudang Garam Tbk's scrip slipped 2

percent, while that of lender Bank Central Asia Tbk

weakened 2.1 percent.

The Philippine index traded in line with peers and

fell 1.3 percent, after closing unchanged in the previous


Shares of industrial conglomerate JG Summit Holdings Inc

fell 3 percent, while those of sector heavyweight SM

Investments Corp lost about 2.3 percent.

The Vietnamese index, which was the region's worst

performer on Monday, slipped as much as 1.5 percent to an over

3-week low.

Real-estate stocks took a hit, with Vinhomes Joint Stock

Co's counter down 2.1 percent and that of Vingroup

Joint Stock Co falling 1.5 percent.

The Thailand index fell as much as 0.9 percent to an

over 5-month low, with energy stocks faring the worst, after oil

prices tumbled on worries of a supply glut and possible slump in

future demand amid soft global growth outlook.

Shares of energy companies PTT PCL and PTT

Exploration and Production PCL slipped 1 percent and

3.6 percent, respectively.

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Change on the day

Market Current Previous close Pct Move

Singapore 3063.89 3114.25 -1.62

Bangkok 1587.91 1601.48 -0.85

Manila 7421.52 7520.4 -1.31

Jakarta 6051.172 6089.305 -0.63

Kuala Lumpur 1633.46 1641.62 -0.50

Ho Chi Minh 926.58 933.65 -0.76

Change on year

Market Current End prev yr Pct Move

Singapore 3063.89 3402.92 -9.96

Bangkok 1587.91 1753.71 -9.45

Manila 7421.52 8,558.42 -13.28

Jakarta 6051.172 6,355.65 -4.79

Kuala Lumpur 1633.46 1796.81 -9.09

Ho Chi Minh 926.58 984.24 -5.86

(Reporting by Rashmi Ashok in Bengaluru; Editing by Rashmi