* Thailand extends to eighth sessions of losses
* Singapore gains on industrials, real estate
* Consumer, resources helps Indonesia
By Soumyajit Saha
Dec 6 (Reuters) - Most Southeast Asian stock markets ended
higher on Friday, following hopes of a preliminary Sino-U.S.
trade deal after upbeat comments by the Trump administration.
U.S. President Donald Trump said on Thursday the trade talks
were "moving right along", despite a lack of agreement over
whether existing tariffs should be dropped as part of the
preliminary deal. "While we are not expecting any resolution (in the Sino-U.S.
tariff war), any deal to curb further escalation will be
welcomed", Paul Chew, head of research at Phillip Securities
Research said.
Singapore shares .STI rose, backed by gains in the real
estate and industrial sectors.
Conglomerate Jardine Matheson Holdings Ltd JARD.SI was up
1.1%, while real estate developer Capitaland Ltd CATL.SI rose
1.7%.
Consumer and resource stocks helped the Indonesian index
.JKSE advance, capping off a 2.9% rise for the week.
Chemical maker Chandra Asri Petrochemical TPIA.JK rose 1%,
while cigarette maker Hanjaya Mandala Sampoerna HMSP.JK was up
3.5%.
An index of the 45 most liquid stocks in Indonesia .JKLQ45
gained 0.6%.
Consumer and utility stocks lifted Malaysia's benchmark
index .KLSE .
Agribusiness Sime Darby Plantation SIPL.KL advanced 2.5%,
while electricity distributor Tenaga Nasional TENA.KL rose
1.2%.
Bucking the general trend Thai shares .SETI fell for the
eighth consecutive session, hurt most by losses in the utilities
sector. The index fell 1.9% for the week.
Utilities company Glow Energy PCL GLOW.BK dropped 3.6%
after the Stock Exchange of Thailand declared the de-listing of
its securities on the company's request. Asian Companies click;
SOUTHEAST ASIAN STOCK MARKETS
STOCK MARKETS
Change on the day
Market Current Previous Pct Move
close
Singapore 3194.71 3174.19 0.65
Bangkok 1558.99 1565.45 -0.41
Manila 7801.72 7790.91 0.14
Jakarta 6186.868 6152.117 0.56
Kuala Lumpur 1568.44 1563.58 0.31
Ho Chi Minh 963.56 963.27 0.03
Change so far in 2019
Market Current End 2018 Pct Move
Singapore 3194.71 3068.76 4.10
Bangkok 1558.99 1563.88 -0.31
Manila 7801.72 7,466.02 4.50
Jakarta 6186.868 6,194.50 -0.12
Kuala Lumpur 1568.44 1690.58 -7.22
Ho Chi Minh 963.56 892.54 7.96