[MARKET NEWS 07/02/2025] MONEY FLOWS INTO THE MINERALS GROUP AFTER CHINA’S EXPORT BAN ON SOME METALS

Some important notes:

– Foreign investors have been net selling for 4 consecutive sessions after the Lunar New Year. It’s difficult to know when foreign capital will return to the Vietnamese stock market, but it’s clear that foreign investors no longer significantly influence the trading behavior of domestic investors at this time.

– We see that the charts of many stocks are in a 5th wave decline, oversold territory, or quite a few stocks are setting new highs. This is a sign of an uptrend. As we have shared many times, we believe that the March 2025 cycle is a cyclical wave, and any short-term correction at this time is an opportunity to buy stocks.

– In the banking sector, LPB continues to be a well-performing stock in the current period, showing signs of continuing its uptrend after a VCP tightening pattern.

– TCB is also a key highlight in the banking sector, with a surge in trading volume and setting new highs.

– CSM is a notable small and mid-cap stock, with proprietary trading firms and foreign investors continuing to buy and push up its price yesterday.

However, yesterday’s main market risk rotation focused on the mining sector. With news that China banned the export of some minerals, this group uniformly hit the ceiling. Most stocks in this group have had poor business results on the exchange in recent years.