SE Asia Stocks-Indonesia leads regional losses; Thailand rallies
* 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)
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