SE Asia Stocks-Mostly higher after earnings, Thailand leads rise

* Bounce back on earnings, U.S. jobs data

* S'pore, Thailand hit 1-wk highs helped by DBS, TOP
results

* Banks boost Jakarta to 9-day peak, KL near 2-week high

By Ploy Ten Kate

BANGKOK, Nov 6 (Reuters) - Most major Southeast Asian stock
markets rose on Friday, with solid earnings from DBS, Thai Oil
and others providing support in Singapore and Thailand, and
blue chips elsewhere coming off recent lows.

Fewer jobless claims in the U.S. and estimate-beating
results prompted most markets in the region to rise over 1
percent, with Thailand .SETI gaining 2.5 percent and
Singapore .FTSTI up 1.1 percent, both hitting their highest
levels of the week.

Financial stocks in the city-state led the rally after DBS
Group (DBSM.SI), Southeast Asia's biggest lender, rose over 3
percent after beating market expectation with a 49 percent rise
in quarterly profit. [nSIN12742]

Number two lender United Overseas Bank (UOBH.SI) and
third-ranked Oversea-Chinese Banking Corp (OCBC.SI), which
topped market estimates earlier, shot up about 2 percent each.
[nSIN440140] [nSP543691]

With global interest rates still at exceptionally low
levels, analysts say investors still have reason to buy.

"We are on the verge of an earnings recovery that may not
be fully discounted by investors yet," Citigroup Global Equity
Strategist said in a research note.

By 0941 GMT, futures on the Dow Jones DJc1 were up 0.09
percent and the MSCI Asia Pacific index ex-Japan
.MIAPJ0000PUS added 1.9 percent.

Sentiment in Thailand picked up after Thai Oil TOP.BK
posted stronger-than-expected profit thanks to the absence of
inventory losses in the quarter. [nBKK192416] Its shares ended
up 4.3 percent at a one-week high.

Advanced Info Service ADVA.BK, Thailand's top mobile
phone operator, climbed 1.2 percent after a
better-than-expected 7.7 percent drop in quarterly results.
[nBKK127654]

In Kuala Lumpur, the index .KLSE eked out a small gain of
0.5 percent, with gaming group Genting (GENT.KL) up 1.4 percent
after a top executive said the company was on track to launch a
new casino in Singapore by January next year. [nKLR347194]

Shares in gaming-to-power group Tanjong (TJPL.KL) surged as
much as 5.7 percent before closing 3.7 percent higher as
Citigroup said it could raise its dividend payout in the
absence of new projects.

Indonesian banks led gainers in Jakarta and left the index
.JKSE up 1.2 percent after touching a more-than-one-week
high.

Number two lender Bank Rakyat Indo (BBRI.JK) was up 3.5
percent, PT Bank Mandiri (BMRI.JK), the largest, was off 1.7
percent and Bank Negara Indonesia (BBNI.JK) rose 3.9 percent.

The Philippines' index .PSI lost 0.4 percent, falling
back from Thursday's 1.3 percent rise, weighed down by Manila
Electric Co (Meralco) (MER.PS) and First Philippine Holdings
(FPH.PS), which tumbled 12.2 and 3.5 percent respectively.
Meralco stocks slid to a one-week low after First Philippine
Holdings forged a $471 million deal to sell a 6.7 percent stake
in the Philippine power retailer. [nMNB002500]

In Hanoi, the main index .VNI fell 0.12 percent on
profit-taking, with Sonadezi Long Thanh Co SZL.HM down 5
percent. IDICO Urban and House Development Co UIC.HM and
Investment Commerce Fisheries Co ICF.HM each fell about 4.9
percent.
($1=33.37 Baht)
(Editing by Alan Raybould)