Aust stocks open little changed

Local market flatas iron ore price continues to slide, weighing on miners.

The Australian sharemarket has opened flat after upbeat Chinese manufacturing data as continued weakness in the iron ore price weighs on miners.

At the 10.15am (AEST) official market open, the benchmark S&P/ASX200 index added 0.9 points, or 0.02%, to 5,493.4 points, while the broader All Ordinaries index edged up 1.1 points, or 0.02%, to 5,474.9 points.

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