World stock markets have regained balance.

The S&P500 and Dowjones Index rose slightly by 0.62% and 0.77% respectively during the week. The main indices of the European market have not regained their upward momentum but have slowed down their decline and are more positive, with the FTSE100 index of the UK market regaining green. In the Asian market, while Japan's Nikkei225 rose 1.17%, China's Shanghai Composite tried to regain some of its losses with a decrease of only 0.69%. In the general context of the world, domestic stocks are showing more positive signs with a slight increase of 0.71% during the week for the VnIndex and 0.40% for the HNX Index.

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The US dollar and US government bond yields have both increased and remained at a high level for the past month. Most other currencies have depreciated against the US dollar, especially the currencies of emerging and frontier economies, including Vietnam. US Treasury bill yields are increasing day by day, making investors worry that the sharp decline in the bond market, and thus stocks, is not over yet.

Trading activities on the Vietnamese stock market last week were noticeably quiet, with the average trading value reaching only VND4,409 billion per session, down 52% compared to the previous week. According to data from the Securities CompanyVNDIRECT, the net selling value of foreign investors recorded 270 billion VND, down more than half the net selling value compared to the previous week. In contrast to the underlying securities, the derivatives market increased liquidity during the week with 569,492 contracts traded (up 25%) with the number of newly opened OI contracts being 59,613 contracts.

The Q3 earnings reports are likely to send stocks in different directions and the index will continue to fluctuate slightly this week. There has been a lot of positive earnings news, but the growth of these industries or companies has been predicted and partly reflected in the previous increase in the price of each individual stock. Therefore, according toVNDIRECT, investors should prioritize maintaining observation, waiting for opportunities when the market has a clearer trend, and focus on good stock selection skills rather than waiting for the right time to buy/sell when the market is clearly differentiated like it is now.