SINGAPORE, June 19 (Reuters) - Most Southeast Asian stock 
markets fell on Thursday, with Singapore's benchmark index 
<.FTSTI> hitting its lowest in about a week as banks and property 
companies slipped. 
    Singapore's Straits Times Index ended down 1.6 percent, 
Malaysian stocks <.KLSE> fell 1.3 percent, Thai shares <.SETI> 
were off 3.04 percent, the Philippine index <.PSI> slipped 1.4 
percent and Vietnam stocks dropped 2.3 percent. 
    But Indonesian stocks <.JKSE> edged up 0.4 percent. 
    Asian stocks across the region retreated, after the Dow Jones 
industrial average <.DJI> closed at a three-month low, sparking 
fears of a pullback in export demand with oil prices remaining 
high and a rally in the U.S. dollar sputtering. 
    Losses in Singapore were led by banks such as United Overseas 
Bank <UOBH.SI>, down 2.4 percent, and property firms such as City 
Developments <CTDM.SI> which dropped 3.6 percent. 
    "Earnings visibility in the near term will remain poor while 
macro newsflow will likely get worse before it gets better, 
weighing on market sentiment," said a dealer at a European 
brokerage house in Singapore. 
    In Malaysia, Public Bank <PUBM.KL> fell 2.9 percent and TM 
International <TMIT.KL> slipped 3.6 percent. 
    Dealers in Kuala Lumpur said political uncertainty was also 
weighing on investor sentiment. A small party within the ruling 
Barisan Nasional coalition said on Wednesday it will table a 
no-confidence vote against Malaysian premier Abdullah Badawi, 
fuelling fears of further political and economic fallout. 
    Political tensions were also running high in Thailand ahead 
of an anti-government march on the Prime Minister's office on 
Friday. 
    Thailands top energy firm PTT <PTT.BK> fell 3.3 percent, 
after its associate IRPC <IRPC.BK>, The country's largest 
fully-integrated petrochemical complex, said refining margins at 
its 215,000 barrel-per-day refinery will be lower than last year 
due to less profitable fuel oil. IRPC dipped 8 percent. 
    Manila Electric Co <MER.PS> fell 8.5 percent and Bank of the 
Philippine Islands <BPI.PS> lost 4.1 percent. 
    In Jakarta, Bumi Resources <BUMI.JK> rose 4.4 percent and 
Astra Agro Lestari <AALI.JK> gained 6.5 percent. 
 (Editing by Louise Heavens) 
 (([email protected]; Reuters Messaging; 
[email protected]; +65 6403 5662)) 
    For South East Asia Hot Stock reports, click; 
    [.SI] [.KL] [.BK] 
 ASIAN STOCK MARKETS 
 Change on the day 0951 GMT 
 Market       Current      Prev Close     Pct Move 
 Singapore    2992.66      3040.09         -1.56 
 Bangkok       742.46       765.74         -3.04 
 Manila       2592.59      2628.20         -1.35 
 Jakarta      2373.06      2364.58         +0.36 
 Kuala Lumpur 1196.39      1212.59         -1.34 
 Ho Chi Minh   373.27       382.07         -2.30 
 Change on year 
 Market       Current     End prev yr     Pct Move 
 Singapore    2992.66      3465.63        -13.65 
 Bangkok       742.46       858.10        -13.48 
 Manila       2592.59      3621.60        -28.41 
 Jakarta      2373.06      2745.83        -13.58 
 Kuala Lumpur 1196.39      1445.03        -17.21 
 Ho Chi Minh   373.27       927.02        -59.73 
    ASIA-PACIFIC STOCK MARKETS: 
 Pan-Asia........[STXNEWS/AS] Japan.......[.T]   S.Korea...[.KS] 
 S.E. Asia.......[.SO]        Hong Kong...[.HK]  Taiwan....[.TW] 
 Australia/NZ....[.AX]        India.......[.BO]  China.....[.SS] 
    OTHER MARKETS: 
 Wall Street ....[.N]        Gold .......[GOL/] Currency..[FRX/] 
 Eurostocks.....[.EU]         Oil ........[O/R] JP bonds...[JP/] 
 ADR Report .....[ADR/]      LME metals.[MET/L] US bonds.. [US/] 
 Stocks News US..[STXNEWS/US] Stocks News Europe    [STXNEWS/EU] 
    DIARIES & DATA: 
 IPO diary & data  <SG/IPOMENU>  Asia earnings diary [ASIA/EQTY] 
 U.S. earnings diary  [RESF/US]  European diary       [WEU/EQTY] 
 Singapore diary     [SG/DIARY]  Wall Street Week Ahead   [.N/O] 
 Eurostocks Week Ahead  [.EU/O] 
    TOP NEWS: 
    For top Asian company news, double click on:       [nTOPEQA] 
 U.S. company news    [TOP/EQU]  European company news [TOP/EQE] 
 Forex news           [TOP/FRX]  Global Economy news [TOP/MACRO] 
 Banking news         [TOP/FIN]  Tech,Media,Telecoms   [TOP/TMT] 
 Politics/General news  [TOP/G]  Asia Macro data     <ASIATODAY> 
 A multimedia version of Reuters Top News is available at: 
 http://topnews.session.rservices.com 
    LIVE PRICES & DATA: 
 World Stocks          <0#.INDEX>  Currency rates  <EFX=> <NFX=> 
 Dow Jones/NASDAQ  <.DJI> <.IXIC>  Nikkei                <.N225> 
 FTSE 100                 <.FTSE>  Debt     <0#USBMK=> <EURIBOR> 
 (Local currency)          <SGD=>  LME price overview    <RING=> 
Keywords: MARKETS SOUTHEASTASIA STOCKS/ 
    . 
Keywords: MARKETS SOUTHEASTASIA STOCKS/=2