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SE Asia Stocks-Most decline tracking China; Singapore down nearly 1 pct

By Niyati Shetty

Oct 8 (Reuters) - Most Southeast Asian stock markets

stumbled on Monday following their Chinese peers, which fell

despite the country's central bank increasing liquidity to

offset the fallout of a months-long U.S.-China trade row.

Sino-U.S. tensions intensified over the last week with U.S.

Vice President Mike Spence accusing China of meddling in next

month's congressional elections and a report that Chinese spies

had compromised U.S. hardware.

"There is negative impact from the Chinese stock market

because the central bank's measure cannot fully offset the

negative sentiment from last week," said Rakpong Chaisuparakul,

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an analyst at KGI Thailand.

The People's Bank of China on Sunday cut the minimum cash

reserve that banks must hold, in a move to support the economy.

Chinese markets reacted for the first time, after a

week-long holiday, to last week's surge in benchmark U.S.

Treasury yields and strong economic data which sparked concerns

of a faster-than-expected rate hike by the Federal Reserve.

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

was 0.9 percent lower.

Singapore's benchmark index continued to decline on

Monday, closing lower for a third straight session, ahead of

possible tightening of monetary policy by the central bank this

week.

The Monetary Authority of Singapore is expected to tighten

monetary policy at Friday's review, in an attempt to balance the

risks of growth and inflation amid global trade frictions.

United Overseas Bank fell 2.1 percent and

conglomerate Jardine Matheson Holdings slid 1 percent.

Thai shares fell 1.4 percent, extending losses into

a fifth session, weighed down by energy and materials sector.

PTT Exploration and Production declined 3.3

percent while Indorama Ventures slumped 5.7 percent.

On the other hand, Indonesia stocks bucked the trend

to rise 0.5 percent, with financial and consumer shares boosting

the index. Bank Central Asia gained 1.7 percent and

Unilever Indonesia advanced 3.6 percent.

The country's central bank has intervened to manage the

rupiah's volatility, a senior official told Reuters on Monday,

after the currency weakened to its lowest in over 20

years.

For Asian Companies click;

SOUTHEAST ASIAN STOCK MARKETS

Change on the day

Market Current Previous close Pct Move

Singapore 3181.45 3209.79 -0.88

Bangkok 1696.22 1720.52 -1.41

Manila 7050.82 7078.2 -0.39

Jakarta 5761.073 5731.935 0.51

Kuala Lumpur 1775.75 1777.15 -0.08

Ho Chi Minh 996.12 1008.39 -1.22

Change on year

Market Current End 2017 Pct Move

Singapore 3181.45 3402.92 -6.51

Bangkok 1696.22 1753.71 -3.28

Manila 7050.82 8558.42 -17.62

Jakarta 5761.073 6355.654 -9.36

Kuala Lumpur 1775.75 1796.81 -1.17

Ho Chi Minh 996.12 984.24 1.21

(Reporting by Niyati Shetty in Bengaluru; Editing by Sunil

Nair)