SE Asia Stocks-Major indexes at 2-week highs, Wilmar jumps

* Wilmar, Olam push S'pore mkt to near-two-week highs

* Manila, Vietnam buck trend

By Viparat Jantraprap

BANGKOK, Nov 9 (Reuters) - Stock indexes in Singapore,
Indonesia and Thailand climbed to their highest in almost two
weeks on Monday on buying in resource and commodity companies
such as Wilmar International, Astra Agro and PTT.

Singapore's benchmark Straits Times Index .FTSTI rose 1.3
percent, with Wilmar (WLIL.SI), the world's largest listed palm
oil producer, jumping 3.2 percent, Noble Group (NOBG.SI)
shooting up 6.2 percent and Olam International (OLAM.SI) up 2.8
percent.

"Gold is hitting new highs and the U.S. dollar is hitting
lows against the euro. All these factors are driving up
commodity shares such as Wilmar and Olam," a dealer in
Singapore said.

Elsewhere in Singapore, Sembcorp Industries (SCIL.SI) rose
2.8 percent after news its utility unit had won an award from
Oman to build a 450-megawatt power plant.

Property shares recovered in late trade after falling
earlier when Singapore's central bank warned that more measures
may be needed to curb the risk of renewed speculation in the
country's property market, buoyant because of low borrowing
costs.

CapitaLand (CATL.SI) ended unchanged while City Development
(CTDM.SI) was up 0.6 percent.

Indonesia .JKSE was up 0.5 percent, with Astra Agro
(AALI.JK), the country's biggest listed plantation firm, up 1.6
percent, while Thailand .SETI jumped 2.1 percent, boosted by
a 3.7 percent surge in top energy firm PTT (PTT.BK).

Shares in Charoen Pokphand Foods CPF.BK, Thailand's
biggest chicken exporter, rose 2.6 percent. The company
reported after the market close that it tripled its
third-quarter earnings due to higher exports plus a fall in
costs that boosted margins.

Malaysia .KLSE hit a two-week high, ending up 0.6
percent, with palm plantation firm IOI Corp (IOIB.KL) surging
4.5 percent and Sime Darby (SIME.KL) adding 1.1 percent.

But the Philippines .PSI fell 0.5 percent, weighed down
by telephone group PLDT (TEL.PS) and Ayala Land (ALI.PS), which
each fell more than 2 percent.

Vietnam .VNI dropped 3.8 percent, with Vinamilk VNM.HM
down 3 percent and financial firm Bao Viet BVH.HM 5 percent
lower.
($1=33.33 Baht)
(Editing by Alan Raybould)