SE Asia Stocks-Most markets lower, S'pore at 1-wk low
* CapitaLand, big caps push S'pore to 1-week low
* Indonesia, Thailand fall; led by banks
* Malaysia comes off 9-month high
By Viparat Jantraprap
BANGKOK, June 8 (Reuters) - Most Southeast Asian stock markets gave up early gains on Monday, with CapitaLand and other big caps leading Singapore to a 1-week low, and weaker bank shares pushing Indonesia and Thailand lower.
Markets in the region rose early after U.S. data showed employers shed far fewer jobs than expected in May.
But by 1047 GMT, the MSCI index of Asia-Pacific stocks outside Japan .MIAPJ0000PUS was down 2.1 percent at 324.22, off a day high of 331.82 points.
Singapore's benchmark Straits Times Index .FTSTI fell 2.6 percent, after earlier losing more than 3 percent to 2321.41, its lowest since May 29. CapitaLand (CATL.SI), Southeast Asia's biggest developer, dropped 3.6 percent.
The index, which had neared 8-month highs after rising by almost 12 percent in the past three weeks, was expected to fall to around 2,300 or 2,250 in coming sessions, traders said.
"It's a healthy consolidation because the market has gone up a lot in the past two months. So now, in line with the regional markets, it's just a consolidation. It's quite healthy to have a pullback," a Singapore trader said.
DBS Group Holdings (DBSM.SI), Southeast Asia's biggest bank, fell 3.4 percent. Shipbuilder COSCO Corp (COSC.SI) lost 5.6 percent, and Singapore-listed plantation firm, Golden Agri Resources (GAGR.SI) dropped 4.4 percent.
The Jakarta index .JKSE dropped 1.1 percent to 2056.6 points, after earlier rising to 2099.08, its highest since September 4. PT Bank Rakyat Indonesia Tbk (BBRI.JK), the country's third-largest lender, was off 5.2 percent.
PT Bank Mandiri Tbk (BMRI.JK), the largest lender, fell 3.5 percent. Number four PT Bank Negara Indonesia (BBNI.JK) dropped 2.2 percent.
In Kuala Lumpur, the main index .KLSE eased 0.3 percent, after earlier rising to its highest level since September 8.
Lafarge Malayan Cement Berhad (LMCE.KL) slid 18.5 percent, while Genting (GENT.KL) was down 1.7 percent.
In Bangkok, the SET index .SETI ended down 0.8 percent as investors cashed out recent gains in bank stocks. Bank of Ayudhya BAY.BK fell 4.7 percent and Siam Commercial Bank SCB.BK was down 2.9 percent.
Vietnam .VNI, Southeast Asia's best performer last week, added 4.8 percent to close at its highest level since September 10, The Philippine index .PSI closed down 0.4 percent. ($1= 34.39 Baht) (Additional reporting by Eveline Danabrata) (Editing by Darren Schuettler)
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