Aust stocks open weaker

Local market edges lower in early trade following flat close on Wall Street in quiet trade.

The Australian sharemarket opened slightly lower after US stocks closed little changed after a quiet session on Wall Street, due to a lack of major economic or company news.

At the 10.15am (AEST) official market open, the benchmark S&P/ASX200 index lost 15.3 points, or 0.28%, to 5,454.4 points, while the broader All Ordinaries index gave up 15.4 points, or 0.28%, to 5,433.1 points.

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Staff Reporter

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