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There’s a ‘lot of buying on the dip’ currently happening

Sky News Business Reporter Edward Boyd says yesterday was a “pretty tough day” for the Australian stock market.

“We’ve had a lot of tough days recently,” Mr Boyd told Sky News Australia.

However, Mr Boyd said, “investors are starting to buy on the dip and it looks like we’re going to start going back up pretty soon”.

“There’s a lot of buying on the dip happening right now.”

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