SE Asia Stocks-Bangkok weak, others dull on caution over results

* Thailand top loser, hit by weaker oil

* Mixed as earnings fears dominate, but Manila, KL rise

* Singapore flat, Indonesia loses 1 percent

By Ploy Chitsomboon

BANGKOK, July 10 (Reuters) - Southeast Asian stock markets
were mixed on Friday as uncertainty about earnings and economic
recovery prospects kept volume down and helped push bourses in
Jakarta and Bangkok into the red.

Thailand .SETI led losses, dropping 2.7 percent after
falling crude prices depressed heavyweight shares in the energy
sector. Singapore .FTSTI eked out tiny gains, adding 0.02
percent as banks rose. Indonesia .JKSE shed 1 percent.

Trading in the region was fairly choppy as many investors
sat on the sidelines ahead of the corporate earnings season.

"People are obviously looking forward to seeing how the
second quarter will play out for most firms," said Gabriel Yap,
a senior dealing director of DMG & Partners in Singapore.

"Essentially, there are anticipation and worries in the
market ... but after a company like Alcoa set a positive tone,
it is actually not as bad as others had expected," Yap said,
referring to a smaller-than-expected loss at the U.S. aluminium
giant (AA.N).

Concern over the global economy would continue, but the
economy should start to recover in the first half of 2010, Yap
added.

The MSCI index of Asia-Pacific stocks outside Japan
.MIAPJ0000PUS edged down 0.45 percent by 0953 GMT.

In Bangkok, falls in energy bellwethers dragged the market
lower, with top decliners including top oil and gas firm PTT
PTT.BK and its PTT Exploration and Production PTTE.BK unit,
down 4.9 percent and 4.4 percent respectively. Banpu BANP.BK,
the country's largest coal mining company, lost 2.9 percent.

Oil CLc1 fell below $60 and looked set to end the week
down about 8 percent, its largest weekly fall since late
January, due to pessimism about the global economy and fears of
new rules to curb speculation. [O/R]

Elsewhere in the region, the Philippine index .PSI rose
for a second day, closing up 0.54 percent after hitting its
highest in two weeks.

Malaysia .KLSE edged up 0.2 percent after a flat finish
on Thursday while Vietnam .VNI sank 1.7 percent.

In Kuala Lumpur, shares in Chinese sports shoe maker
Xingquan International gained 8.2 percent on its debut. The
company is Malaysia's first foreign initial public
offering.[nKLR29619]
($1=34.07 Baht)
(Editing by Alan Raybould)