Share market set to open lower

THE Australian market looks set to open sharply lower after Wall street ended a volatile week with its worst five-day start to a year ever.

Share market set to open lower. Picture: Richard Drew

THE Australian market looks set to open sharply lower after Wall street ended a volatile week with its worst five-day start to a year ever.

At 0645 AEDT on Monday, the share price index was down 80 points at 4,850.

Locally, in economic news on Monday, the ANZ job advertisements series for December is due out.

No major equities news is expected.

In Australia, the market on Friday ended a volatile week lower.

The benchmark S&P/ASX200 index was down 19.5 points, or 0.39 per cent, at 4,990.8 points.

The broader All Ordinaries index fell 19.4 points, or 0.38 per cent, at 5,049.9 points.