Resource stocks rally

THE Aussie market shot to a fresh seven-month high on Friday on the back of bullish overseas leads with the major miners leading the march into green territory while gold continued its stellar run.

The S&P/ASX 200 index surged to a seven-month high of 4814.8, before cooling to close at 4800.6 points, up 1.2%, while the All Ordinaries ended the week at 4872.9 points, up 1.2%.