Prime Infrastructure Group

 
 
       

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Australian Market Report of August 23, 2010: NIB Holdings (ASX:NHF) Net Profit Up 158%

🕔8/23/2010 1:30:59 PM 21253

Australian shares opened marginally lower following Wall Street's weak lead. Investors continued to place focus on the local news while the earnings season entered the final stage. The Australian dollar also opened lower on Monday over the federal election uncertainty. The local unit was trading at 88.63 US cents, down 0.44 per cent from Friday's close of 89.03 US cents.

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