* Financials in S'pore, Malaysia off highs
* Thai stocks up after market holiday
By Viparat Jantraprap
BANGKOK, Oct 26 (Reuters) - Southeast Asian stock markets
ended mixed on Monday, with financial shares in Singapore and
Malaysia such as DBS and CIMB erasing early gains and blue
chips elsewhere coming off their highs.
Most markets in the region had a listless session and lower
trading volume, with Singapore .FTSTI eking out a 0.05
percent gain, Malaysia .KLSE falling 0.6 percent, Indonesia
.JKSE flat and Thailand .SETI 0.3 percent higher.
Financial shares in the city-state and Kuala Lumpur ended
in negative territory ahead of results later in the month.
Singapore's DBS Group (DBSM.SI), Southeast Asia's biggest
bank, ended down 0.3 percent while smaller Oversea-Chinese
Banking Corp (OCBC.SI) was off 0.1 percent and Malaysia's CIMB
Group (CIMB.KL) was 0.9 percent lower.
DBS is set to shine among its peers in the third quarter,
when most bank earnings benefited from an improving economic
climate and buoyant capital markets.
Sentiment in Thailand improved, with blue chips such as
Siam Cement SCC.BK and CP Foods CPF.BK attracting interest
on expectations of good quarterly results, brokers said.
"In recent weeks, investor caution about internal factors
widened Thailand's discount against regional peers, so some
degree of mean reversion should be seen," Broker KGI Securities
strategist Rakpong Chaisuparakul said.
"On the external side, U.S. economic and earnings figures
continued to top estimates, generally speaking," he said.
Siam Cement SCC.BK ended flat after a more than 2 percent
rise earlier on expectations it would report favourable
quarterly results on Wednesday while CP Foods CPF.BK was up
2.3 percent as analysts forecast record quarterly earnings.
In Jakarta, Bumi Resources (BUMI.JK) fell 0.9 percent and
Bakrie & Brothers (BNBR.JK) dropped 5.2 percent.
Third-largest cement producer Holcim Indonesia (SMCB.JK)
jumped 8.2 percent after a report the firm planned to expand
its operations in the eastern part of the country.
In Manila, the index .PSI inched up 0.3 percent, with
miner Philex Mining Corp (PX.PS) up 4.2 percent and power
holding firm First Philippine Holdings Corp (FPH.PS) up 8.1
percent.
Vietnam's index .VNI fell 1 percent, with Vietnam
Construction and Import-Export VCG.HN down 2 percent and Asia
Commercial Bank ACB.HN 3.5 percent lower.
($1=33.37 Baht)
(Additional reporting by Tyagita Silka in Jakarta)
(Editing by Alan Raybould)
