Dubai: UAE shares ended the week on a strong note, led by real estate shares.

On Thursday, transport shares lifted the Dubai bourse to close 0.03 per cent higher at 3307.95 points.

The index fluctuated wildly during the trade to touch a low of 3291.8 and a high of 3324.76 points.

Another positive side of the story is that both volume and value have crossed one billion mark again.

Major real estate shares fell across the board.

Emaar fell by 0.40 per cent while Deyaar by 1.71 per cent and Union Properties by 1.65 per cent.

Among the gainers, Air Arabia rose 4.70 per cent to Dh1.56, followed by Shuaa by 4.55 per cent to Dh1.01 and Hits Telecom by 3.33 per cent to Dh0.870.

National Industries Group suffered the worst by 10 per cent to Dh6.21, followed by Dartakaful by 2.31 per cent to Dh1.27 and Aman by 1.80 per cent to Dh1.09.

National Industries Group fell the most for the week.

Of the 32 companies traded, 11 rose, 15 fell and six remained unchanged.

About 1.46 billion shares worth Dh1.69 million were traded on Thursday.

Gulf Finance House was the active volume and value leader on Dubai bourse.

In Abu Dhabi, the ADX index closed flat at 4185.65 points.

Among the gainers, Sharjah Cement and Industrial Development Company rose by 14.81 per cent to Dh1.24, followed by Al Khazna Insurance Company by 6.10 per cent to Dh0.87 and Abu Dhabi National Insurance by 5.36 per cent to Dh5.90.

Abu Dhabi Ship Building suffered the worst by 6.97 per cent to Dh2.67 followed by Ras Al Khaimah Cement Company by 5.13 per cent to Dh1.11 and Emirates Driving Company by 3.49 per cent to Dh4.15.

Of the 36 companies traded, 13 rose, 18 declined and five closed unchanged.

About 706.27 million shares worth Dh1.05 billion were traded.

Eshraq was the active value leader while Dana was the active volume leader.