Australian Market Report of August 16, 2010: Ausenco (ASX:AAX) And Kingsgate (ASX:KCN) Contract Awarded

  Sydney, Australia, Aug 16, 2010 - (ABN Newswire) - The Australian share market opened lower after receiving negative leads from overseas over the weekend. Last week, Wall Street fell for four consecutive days and most metals and oil prices were lower. In local market, the S & amp;P/ASX200 Index was down 1.07% in early trade, at 4411.8 points, while the All Ordinaries Index was down 0.9%, at 4438.7 points.  

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