Ann: Interim Financial Report 31 December 2021, page-9

Volatility & all the nonsense WW3 dribble was the obvious driver in the sp all week, we should resume a steady uptrend from Monday onwards after the initial rush & scramble to get back in by the sellers of course.

I agree with this part of the AFR article.
“Investors also were assessing news that Russian President Vladimir Putin told his Chinese counterpart Xi Jinping in a call that Russia was willing to hold high-level talks with Ukraine, according to China’s foreign ministry.Some strategists say stock-selling may have been overdone. The S&P 500 confirmed earlier this week it was in a correction when it ended down more than 10 per cent from its January 3 record closing high.“It sure feels a lot more like we’ve really exhausted sentiment in this correction,” said Jim Paulsen, chief investment strategist at The Leuthold Group in Minneapolis, noting that economic fundamentals and corporate health remain favourable.”

https://www.copyright link/markets/equity-markets/wall-st-rallies-for-second-day-after-ukraine-shock-20220226-p59zvk

DYOR