Australian Market Report of August 27, 2010: Enterprise Metals (ASX:ENT) Locates Bif at Burracoppin project
The Australian shares started lower on Friday. Overnight Dow Jones index fell below the psychologically 10000 mark on continued worries about US economic growth. Investors were increasingly nervous ahead of the US government's Friday release second-quarter GDP number. Shortly after the local market opened, the S&P/ASX200 Index was down 0.53 per cent, while the broader All Ordinaries Index lost 0.5 per cent.