SE Asia Stocks-Thailand, Indonesia come off highs

* Energy-led selling pulls Thai stock lower

* Indonesia falls; financials, Bumi drag

* Vietnam bounces to almost two-week highs

By Viparat Jantraprap

BANGKOK, Oct 20 (Reuters) - Thai stocks fell almost one
percent on Tuesday, hit by late selling in energy shares, while
Indonesia snapped a five-day winning streak with financial
stocks and Bumi Resources leading the way.

Thailand's index .SETI ended down 0.8 percent, erasing a
one percent rise earlier, with top energy firm PTT (PTT.BK) and
PTT Exploration and Production (PTTE.BK) each plunging more
than one percent after rallies over the past two days.

Indonesia's index .JKSE fell 0.7 percent, stalling after
a more than two percent run in the past five days ahead of a
cabinet line-up expected in the week.

"The market is waiting for a new catalyst. A key focus for
now is on a cabinet line-up which is more likely to be
favourable for a broader market sentiment," John Teja, head of
sales at Ciptadana Securities in Jakarta. [ID:nJAK487494]

Investors sold banks on concerns over interest rate
direction amid high oil prices and inflationary pressure, with
Bank Rakyat (BBRI.JK) down 2.5 percent and Bank Mandiri
(BMRI.JK) one percent lower.

Coal miner Bumi Resources (BUMI.JK) dropped 5 percent amid
concerns over its financing plans, dealers said, citing a news
report that said Bumi aimed to raise funds in bonds before the
end of the year to refinance debt after recent borrowing.

The MSCI index of Indonesian shares .MIID00000PID dropped
1.1 percent for the day and the MSCI index of Thai shares
.MITH00000PTH was off 0.63 percent, lagging the broader gain
elsewhere in Asia.

The MSCI index of Asia Pacific shares outside Japan
.MIAPJ0000PUS was up 0.57 percnt by 0942 GMT.

Singapore's index .FTSTI edged down 0.02 percent,
Malaysia's index .KLSE gained 0.3 percent, still hovering at
more than 16-month highs, the Philippines .PSI gained 0.5
percent and Vietnam .VNI climbed 1.6 percent.

In the city-state, Singapore Telecom (STEL.SI) fell 0.63
percent and Oversea-Chinese Banking Corp (OCBC.SI) dropped 1.2
percent.

In Kuala Lumpur, palm plantation firm IOI Corp (IOIB.KL)
was up 1.5 percent and financial firm AMMB Holding (AMMB.KL)
rose 3.03 percent. RHB Capital (RHBC.KL) dropped 4.2 percent
after its plan to buy a stake in Indonesia's Bank Mestika
Dharma.

The Philippines .PSI added 0.5 percent, with Bank of the
Philippine Island (BPI.PS) up 3.2 percent while Manila Electric
(MER.PS) rose 2.4 percent on speculation over a renewed battle
for control of the Philippines' largest power retailer.

Vietnam's index .VNI reversed its two-day falls to end
1.6 percent higher at its highest since Oct. 8, with property
developer Hoang Anh Gia Lanh HAG.HM and Saigon Securities
SSI.HM each rising almost five percent.
($1=33.32 Baht)
(Additional reporting by Tyagita Silka in Jakarta)
(Editing by Jason Szep)