The Dubai Financial Market index resumed its climb toward 6,000 points, rising 0.35%, or 20.37 points, to close at 5,911.36 points, posting gains of more than 3 billion dirhams. Dubai stood alone in positive territory amid a broad retreat across Gulf exchanges, supported by the performance of blue-chip stocks in the banking, real estate, utilities, and telecoms sectors.

The market capitalisation of listed Dubai shares rose from 971.4 billion dirhams at the close of Tuesday's session to 974.5 billion dirhams by the end of yesterday's session.

Emirates REIM Investment led the gainers among 23 rising stocks on the Dubai market, climbing 7.14% to 1.95 dirhams, while Emaar Properties captured the largest share of liquidity at 232.3 million dirhams, edging up 0.35% to close at 11.54 dirhams.

Tecom shares rose 2.12%, Salama gained 1.5%, Alik Holding climbed 1.38%, and Emirates NBD advanced 0.34%, while Deyaar Development rose 1.3% to 0.782 dirhams.

The most actively traded stock was Talabat Holding, which rose 0.8% to 1.19 dirhams on volume of nearly 83 million shares.

On the downside, International Financial Advisors fell 4.95%, Dubai Taxi dropped 1.8%, Aramex slipped 1.18%, and Bank Al Salam — Bahrain declined 0.97%.

UAE investors were net buyers, with a net investment of 18 million dirhams, having made purchases worth 202.5 million dirhams against sales of approximately 184.4 million dirhams.

In contrast, the Abu Dhabi Securities Exchange general index (FADGI) closed at 9,831.46 points, down 0.21%.

Aldar Properties led activity on the Abu Dhabi market, capturing the largest share of total trading at approximately 136.4 million dirhams, followed by Abu Dhabi Islamic Bank with 92.8 million dirhams, then First Abu Dhabi Bank with liquidity of 88.2 million dirhams. ADNOC Logistics and Services shares hit their highest level since listing on the Abu Dhabi market, rising 2.1% to close at 6.26 dirhams.

In Abu Dhabi, Phoenix Group rose 3.8%, Al Ittihad for Insurance gained 3.78%, NMDC climbed 2.8%, and Abu Dhabi Ports advanced 2.7%. On the other hand, Abu Dhabi National Takaful fell 4.9%, Sudatel Telecommunications dropped 4.86%, Dar Al Takaful declined 4.8%, and Investment Bank retreated 3.44%. ADNOC Gas fell 0.6% to 3.34 dirhams, and Alpha Dhabi Holding slipped 1.9% to 7.70 dirhams.

Domestic stocks attracted liquidity exceeding 1.5 billion dirhams at the close of the mid-week session, distributed as 930 million dirhams on the Abu Dhabi market and 583.3 million dirhams on the Dubai market, with approximately 373 million shares traded through around 32,000 transactions.

Across Arab exchanges, most indices recorded declines: Saudi Arabia's Tadawul All Share Index (TASI) fell 0.10%, Kuwait's index dropped 0.13%, Muscat declined 0.43%, and Bahrain fell 0.13%. Outside the Gulf region, Egypt's exchange index rose 0.50%.

In detail, the Saudi market's TASI index fell 0.10% to close at 10,705 points, on trading of 3.9 billion riyals.

Aramco shares fell 1% to 26.64 riyals, while shares of ACWA Power, Arabian Drilling, Luberef, Raya, Leejam Sports, Tanmia, and Al Dawaa declined by between 1% and 4%.

Conversely, Al Ahli Bank of Saudi Arabia rose 1% to 37.80 riyals, and Jarir Marketing climbed 1% to 18.10 riyals.

Egypt's stock exchange indices rose across the board at the close of yesterday's trading, with market capitalisation gaining 28.691 billion Egyptian pounds to close at 3,865,715 trillion Egyptian pounds.

The EGX30 main index rose 0.50% to close at 52,558 points, the EGX30 Capped index gained 0.65% to close at 64,547 points, and the EGX30 Total Return index advanced 0.48% to close at 24,519 points.

The small and medium enterprises index EGX70 Equal Weight rose 1.42% to close at 16,790 points, while the EGX100 Equal Weight index climbed 1.2% to close at 22,607 points.

The Amman Stock Exchange retreated on selling in blue-chip shares amid good liquidity.

The general equity index closed down 0.26% at 3,902 points on liquidity of 14.1 million dinars, with the industrial sector index falling 0.51%, the services sector declining 0.33%, and the financial sector slipping 0.11%.

Comparing closing prices of traded companies, 26 companies recorded gains in their share prices while 27 companies posted declines.