AUSTRALIAN shares have opened slightly higher, buoyed by resource stocks .
IG Markets Stan Shamu said resource stocks were benefiting from a rise in commodity prices following disappointing US employment data, which had pushed the US dollar lower.
"The recovery in resources on the back of a weaker US dollar following weaker non farm pay roll figures and has inspired the Australian market to get off to a strong start to the week," he said.
BHP Billiton added 43 cents to $32.67 and Fortescue Metals added five cents to $3.62.
However Rio Tinto fell 19 cents to $55.41.
Gold stocks were also performing strongly at the open.
Newcrest surged 40 cents to $19.20, while Oz Minerals was up fives cents to $4.80 and Pan Australian Resources gained fives cents to $2.34.
