Coming off an undoubtedly tough year in 2016, the market received a rude shock last week following the implementation of the Employer Mandatory Commitment (EMC), which states that employers will now be responsible to pay for levies of the foreign worker it hires, as opposed to being deducted from wages. Speculation is also rife that elections will be called soon which could benefit certain counters linked to political parties. Danny Wong, CEO of Areca Capital continues to favour big-caps, dividend yielders, construction and commodities.