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Markets Live: Fortescue sinks

2015-01-27 02:55:12| Agriculture - Topix.net

Shares are up despite a steep fall in the iron ore price hitting miners as investors go for the security of bluechips such as CBA, Telstra and Woolworths. The appetite for dividend yield is set to keep growing , especially after the latest massive injection of easy money into global markets by the ECB sparked another bond market rally - making local yield plays like Telstra or CBA relatively attractive, Morgan Stanley says.

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