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VCSC Daily - Insurance stocks help market halt two day slide

After two sessions in the red, the VNI rose 1.87 points to close in the green at 626.57 while the HNI advanced 0.69 points to 85.8. Insurance stocks were the biggest gainers led by BVH (+5.8%) followed by PVI (+3.5%), BMI (+1.8%) and BIC (+1.3%). Oil & gas stocks also advanced on encouraging results from PVS, the leading O&G technical services provider. PVS was up 2.4% after reporting a 10% yoy increase in earnings for the 1H despite a challenging oil environment.