SE Asia Stocks-S'pore, KL, Indonesia fall after 5 days of gains

* Profit-taking ends 5-day gains in S'pore

* Losses in banks and big caps pull down Malaysia,
Indonesia

* Politics weigh on Thai stocks

By Viparat Jantraprap

BANGKOK, April 7 (Reuters) - Major Southeast Asian stocks
fell on Tuesday as losses in financial shares and other index
heavyweights ended a five-day rise in Singapore, Malaysia and
Indonesia amid renewed worries over the U.S. banking sector.

Singapore's Straits Times Index .FTSTI dropped 2.5
percent, erasing part of a 10.4 percent gain over the past five
days, with top bank DBS Group (DBSM.SI) down 3.8 percent and
United Overseas Bank (UOBH.SI) 4.2 percent lower.

Stock exchange operator Singapore Exchange (SGXL.SI) was
down 2 percent despite an analyst's upgrade and rig builder
Keppel Corp (KPLM.SI) lost 5.5 percent.

Analysts said they expected volatility in Singapore stocks
to continue with the earnings season about a week away.

"The market has been overbought and I guess it's just
people starting to take profits ahead of it," said Tey Tze
Ming, a strategist with Saxo Capital Markets in Singapore.

"The quarterly numbers are all starting to come out,
starting next week, and that's one of the reasons for risk
aversion."

Malaysia's index .KLSE eased 0.4 percent after a five-day
gain of 6.3 percent, with banks leading losers. Top lender
Maybank (MBBM.KL) slid 5.8 percent, CIMB BUCM.KL lost 3.9
percent and Public Bank (PUBM.KL) shed 1.3 percent.

The Indonesian index .JKSE fell 1.7 percent, snapping a
6.9 percent rise over the past five days, pulled down by a 3.4
percent fall in telecoms giant PT Telkom (TLKM.JK) and a 3.2
percent loss in top lender Bank Mandiri (BMRI.JK).

In Bangkok, closed on Monday, the main index ended down 0.8
percent in nervous trade ahead of a big anti-government rally.

Easing crude prices CLc1 weighed on energy shares. PTT
PTT.BK, the biggest oil firm, fell 1.2 percent, while its oil
subsidiary PTT Exploration PTTE.BK lost 3.0 percent.

Small banks fared better in Bangkok, with Siam City Bank
SCIB.BK climbing 9 percent ahead of earnings announcements
from financial firms starting from the middle of April.

"Domestic politics held back sentiment today, on top of the
global financial worries," said Kosin Sripaiboon, head of
research at UOB Kay Hian Securities.

Bucking the trend, the Philippines and Vietnam, which were
closed on Monday for market holidays, both rose. The Philippine
index .PSI rose 1.1 percent to a five-month high, with Energy
Development Corp (EDC.PS) surging 7.4 percent.

Vietnam .VNI rose 3.9 percent in record trading volume.
Many companies are expected to report solid earnings in the
first quarter and investors were shifting funds from banks into
shares to get higher returns. [ID:nHAN124324]
($1=35.34 Baht)
(Additional reporting by Laurence Tan and Saeed Azhar in
Singapore, Pham Hong Hanh in Hanoi; Editing by Alan Raybould)