Resources weigh on Australia market

The Australian share market closed softer on the last trading session of the week, Friday, 12 June 2015. Market sentiments were broadly weak as weaker commodities prices hit the resource stocks, meanwhile concerns over Greece debt crisis and next week's US Federal Open Market Committee meeting dragged down financial and consumer related stocks. The benchmark S&P/ASX 200 Index and the broader All Ordinaries Index both decreased 0.2% to close at 5545.30 and 5552.10 points, respectively. Market turnover was relatively light, with 1.28 billion shares changing hands worth of A$2.56 billion. For the week, the benchmark S&P/ASX200 and the broader All Ordinaries both chalked up 0.85 per cent.

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