* Singapore's CapitaLand down after results
* Medium-sized cap buying pushes Thai index higher
By Viparat Jantraprap
BANGKOK, Oct 27 (Reuters) - Most Southeast Asian stock
markets fell on Tuesday amid concern over the economic outlook
in the United States, with Singapore's CapitaLand and
Thailand's PTT Exploration and Production among decliners.
Singapore's index .FTSTI ended down 0.8 percent, with
CapitaLand (CATL.SI), Southeast Asia's biggest developer,
sliding 2.9 percent after it posted a 33 percent drop in
third-quarter net profit.
Financials were among the losers ahead of quarterly results
later in the month, with top lender DBS Group Holdings
(DBSM.SI) down 0.2 percent, Oversea-Chinese Banking Corp
(OCBC.SI) 1.2 percent lower and United Overseas Bank (UOBH.SI)
off 0.6 percent.
Foreign fund flows into the region were easing, pushing
Malaysia .KLSE down to near-two-week lows at one stage.
Indonesia .JKSE touched four-week lows and Vietnam .VNI hit
its lowest level in two weeks.
"Fund flows to this region are slowing. Sentiment is still
a bit cautious after the recent rebound in the U.S. dollar
index .DXY, which is negative for stock markets and
commodities," said Phillip Securities analyst Teerada
Charnyingyong.
Asian shares in general fell on Tuesday as investors
worried that an eventual withdrawal of economic support
measures could undermine the global recovery. The MSCI index of
Asia Pacific shares outside Japan .MIAPJ0000PUS was down 1.3
percent by 0955 GMT.
Malaysia's index .KLSE recovered earlier falls to end
flat, with a 1.3 percent gain in financial firm CIMB Group
(CIMB.KL). Palm plantation firm IOI Corp (IOIB.KL) rose 1.1
percent and telecom company Axiata Group (AXIA.KL) gained 1
percent.
Thailand .SETI ended up 0.4 percent but foreign investors
continued to unload Thai equities, selling a net 747 million
baht ($22.37 million) in the session.
Among gainers, CP Foods CPF.BK was up 6 percent, Preuksa
Real Estate (PS.BK) was 5.2 percent higher and Kiatnakin Bank
KK.BK surged 12.7 percent.
PTT Exploration and Production (PTTE.BK) fell 0.3 percent
after the energy firm reported a worse-than-expected 60 percent
fall in its third-quarter earnings, mainly due to higher costs
related to an oil spill at Australia's Montara field.
In Jakarta, the main index dropped 1.7 percent, weighed
down by a 6.4 percent loss in Bumi Resources (BUMI.JK). Bank
Mandiri (BMRI.JK) lost 3.2 percent.
The Philippines .PSI inched down 0.2 percent, with Manila
Electric (MER.PS) falling 4.4 percent and developer Robinsons
Land Corp (RLC.PS) losing nearly 4 percent.
Vietnam .VNI lost 2.1 percent, with top insurer Bao Viet
BVH.HM and industrial park developer Itaco ITA.HM each
losing more than 4 percent.
($1=33.37 Baht)
(Editing by Alan Raybould)
