The Dubai Financial Market index resumed its climb towards the 6,000-point level, rising 0.35%, or 20.37 points, to close at 5,911.36 points, gaining more than 3 billion dirhams in market value. Dubai stood alone in positive territory amid a broad decline across Gulf bourses, supported by the performance of blue-chip stocks in the banking, real estate, utilities, and telecommunications 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 REIT Investment topped the gainers among 23 rising stocks on the Dubai market, climbing 7.14% to 1.95 dirhams.
Meanwhile, the Abu Dhabi Securities Exchange general index (ADX) closed at 9,831.46 points, down 0.21%. The remaining Gulf bourses also posted declines, with Saudi Arabia's Tadawul All Share Index (TASI) falling 0.10%, Kuwait down 0.13%, Muscat down 0.43%, and Bahrain down 0.13%.