• The ASX 200 was very quiet today after a mixed bag of results from overseas markets at the weekend. The ASX 200 finished up 17 points (+0.3%) to 5,687.
• The major movement came from the gold sector after the metal was sold down heavily over the weekend. Newcrest Mining (NCM) was down $1.30 (10.0%) to $11.87. Regis Resources (RRL) dropped 10c (7.30%) to $1.34 (we remain trade buyers of RRL).
• Speculation has been rife for a long time concerning gold and how much had been bought by China. On Friday the Chinese Central Bank disclosed its reserves were 1,658 tonnes at the end of June, an increase of 57% from the last time it publish its reserves in 2009. Despite the tonnage increase, gold now accounts for 1.65 per cent of China's total forex reserves, against 1.8 per cent in June 2009
• On the stronger side of the market the banks were generally up across the board, albeit to varying degrees. Commonwealth Bank (CBA) was up 38c (0.4%) to $88.36 and Australia New Zealand Bank (ANZ) up 41c (1.4%) to $32.85, whilst Westpac Bank (WBC) finished Westpac Bank (WBC) was only up 3c to $34.60.
Best Sector – Information Technology
Worst Sector –Energy
Winners
BlueScope Steel Ltd (BSL) +$0.14, or (+4.2%) to $3.46
Computershare Ltd (CPU) +$0.46, or (+3.8%) to $12.57
REA Group Ltd (REA) +$1.37, or (+3.2%) to $44.06
Whitehaven Coal Ltd (WHC) +$0.035, or (+2.8%) to $1.305
Losers
Cabcharge Australia Ltd (CAB) -$0.09, or (-2.4%) to $3.6
Metcash Ltd (MTS) -$0.03, or (-2.6%) to $1.135
Newcrest Mining Ltd (NCM) -$1.33, or (-10.1%) to $11.87
Evolution Mining Ltd (EVN) -$0.165, or (-14.5%) to $0.97

All figures contained from sources believed to be accurate. MarketMatters does not make any representation of warranty as to the accuracy of the figures and disclaims any liability resulting from any inaccuracy. Prices as at 20/07/2015. 4.30PM.
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