* Singapore stocks end at 3-week lows
* Thai shares dip slightly after cenbank downgrades growth
outlook
* Indonesia ticks up to snap four-session losing streak
By Anushka Trivedi
Sept 25 (Reuters) - Trade-sensitive Singapore stocks had
their worst session in one month on Wednesday as hopes of a
trade deal faded on tough rhetoric from Washington and Beijing
and as U.S. lawmakers launched an impeachment inquiry into
President Donald Trump.
Trump on Tuesday delivered a stinging criticism of China's
trade practices at the United Nations General Assembly,
prompting a response from China's top diplomat who said Beijing
had no intention to "play the Game of Thrones on the world
stage." The comments rattled wider Asian equities and kept most
markets in the region subdued. MKTS/GLOB
Since chances of the inquiry into Trump's actions leading to
his removal from office are quite low, immediate damage to the
markets from his remarks about China would be much more
significant than reports of his impeachment, said Joel Ng, an
equity research analyst at KGI Securities.
Singapore's benchmark index .STI dropped almost 1% to a
three-week low and was the biggest loser in the region.
Industrial and financial sectors accounted for most of the
losses on the benchmark, with conglomerate Jardine Matheson
Holdings JARD.SI falling 1% and lender DBS Group Holdings Ltd
DBSM.SI shedding 1.2%.
Malaysian stocks .KLSE extended loses into a third
session.
The country's August inflation came in line with
expectations, but analysts warned of price pressures remaining
in check due to slowdown in growth.
Thai shares .SETI dipped after the country's central bank
lowered its 2019 export and economic growth forecast, while
holding interest rates steady. Philippine's benchmark index .PSI pared earlier losses to
end flat on last-minute buying in financial stocks such as SM
Prime Holdings SMPH.PS and Ayala Corp AC.PS .
Elsewhere, Indonesian shares .JSKE snapped a four-session
losing streak to end 0.1% higher.
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SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous close Pct Move
Singapore 3125.82 3155.46 -0.94
Bangkok 1628.38 1630.5 -0.13
Manila 7896.24 7893.94 0.03
Jakarta 6146.404 6137.608 0.14
Kuala Lumpur 1589.58 1592.33 -0.17
Ho Chi Minh 987.3 988.13 -0.08
Change so far in 2019
Market Current End 2018 Pct Move
Singapore 3125.82 3068.76 1.86
Bangkok 1628.38 1563.88 4.12
Manila 7896.24 7,466.02 5.76
Jakarta 6146.404 6,194.50 -0.78
Kuala Lumpur 1589.58 1690.58 -5.97
Ho Chi Minh 987.3 892.54 10.62