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Evening Update - Monday 13 July, 2015

An hour out from the close it was looking like the Aussie market was going to book a positive start to the new trading week....then the selling began. With 60 points wiped off the index in the final 60 minutes, the ASX 200 booked an 18 point (-0.3%) loss on the day. Energy and materials plays were the poorest performers, whilst financials also weighed. Santos (STO) was the worst of the oilers, losing 1.8%, whilst amongst the miners, Fortescue Metals (FMG) slumped 5%. All of the big four lost ground, with ANZ Bank (ANZ) the worst in show, giving up 1.1%. Having a better time of it, healthcare stocks were the best performers, supported by the gold sub-sector. Cochlear (COH) was the big mover in the health space, jumping 6.4%, whilst Newcrest (NCM) put on 1.1%.