STI close: 2990.95
PE 10: 13.18

Markets have been bleeding slowly but surely since a month ago. Volatility is up which means that we may just be beginning to see signs of something brutal. Funny enough, what I’ve noticed (as well as other local market commentators) is that value seems to be showing up in the STI, which consists to a large extent, of financials and the Jardines while the mid to smalls have largely been spared.

It looks like value may be emerging in the those areas. Keeping my eyes peeled and my finger on the trigger.