Australian share market finished the session weaker on Friday, 15 January 2016, despite a positive finish from Wall Street overnight, as risk sentiments remain subdued amid lingering concerns about slackening economic growth in China, one of the world's biggest consumers of commodities from oil to copper. At the close, the benchmark S&P/ASX 200 index declined 16.60 points, or 0.34%, to 4892.80 points, while the broader All Ordinaries index dropped 15.60 points, or 0.31%, to 4948.50 points. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, fell 0.9% at 23.49, suggesting 6.7% swing in the equity benchmark index in the next 30 days. The local market closed down almost 2% for the week and has lost 7.6% since the start of 2016. Ten out of 11 trading sessions since the start of the year have been negative and today was the lowest close since July 2013.
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