The ASX's energy and industrial sectors were the biggest gainers on Friday. -AAP Image
The Australian share market has finished higher, closing out August basically where it started despite a dreadful opening to the month.
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The benchmark S&P/ASX 200 index on Friday rose 46.8 points, or 0.58 per cent, to 8,091.9, its highest finish since its all-time closing high set on August 1.
The ASX200 rose 0.85 per cent for the week, its third straight week of gains following a sharp 2.1 per cent decline for the week ending August 9.
It finished the month down less than half a point from where it began as earning season drew to a close.
The broader All Ordinaries on Friday gained 53.1 points, or 0.64 per cent, to 8,316.7.
The Australian dollar was buying 68.02 US cents, from 68.04 US cents at Thursday's close.
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