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Evening Update – Wednesday 29 July, 2015

The Aussie market enjoyed strong gains today, with all major sectors finishing in the green.

Materials plays led the charge, with BHP Billiton (BHP) putting on 2.1%, rival Rio Tinto (RIO) adding 1% and little brother Fortescue Metals (FMG) surging 7.4%.

Healthcare plays also stood out, with CSL Limited (CSL) adding 1.6% and moving within striking distance of the $100 level.

Resemd (RMD) put on 1.5%.

Other sectors posting solid gains were property trusts, IT and consumer discretionary plays.

Only the gold sub-sector finished in negative territory with Newcrest (NCM) the struggler, shedding 1.6%.

On the day the ASX 200 put on 40 points (+0.7%) to settle at 5624.

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