The value of negotiated transactions in the HCM Stock Exchange on May 9, worth 1.16 trillion VND (55.2 million USD) accounted for 64 percent of a total market value of nearly 1.82 trillion VND (86.7 million USD).

Trading focused on bank shares, however. More than 47.3 million shares of Sacombank (STB), worth over 1 trillion VND, changed hands through negotiations.

Meanwhile Eximbank (EIB) saw another 6.5 million shares worth around 160 billion VND (7.6 million USD) exchanged.

EIB rose 2.7 percent to 15,100 VND a share but STB closed flat at 21.900 VND.

On the HCM Stock Exchange, the VN-Index increased 0.24 percent to close on May 9 at 486.22 points, while the VN30 (tracking the top 30 shares by market capitalisation and liquidity) was up 0.51 percent at 552.53 points.

Property developers were the biggest gainers as four of the top five active shares on the bourse were real estate companies such as Tan Tao Investment Industry (ITA), Hoang Quan Real Estate Corp. (HQC), Licogi 16 (LCG) and Kinh Bac City Development (KBC), with each having from 1.4-5.5 million shares traded.
All of these shares posted gains from 5-6.7 percent.

On the Hanoi Stock Exchange, the HNX-Index climbed 0.93 percent to 60.64 points on an improved value of over 261 billion VND (14.4 million USD).

PetroVietnam Construction (PVX), Saigon-Hanoi Bank (SHB) and Sacomreal (SCR) continued to dominate trading here with each code seeing from 4.6-8.6 million shares changing hands.

Foreign investors again concluded as net buyers on both exchanges on May 9 but their net buys decreased to just 45.5 billion VND (2.2 million USD) worth of shares.-VNA