The Dubai Financial Market (DFM) successfully reversed a weak start Thursday, closing 0.83 percent higher at 1,500.25 points thanks to a last-minute buying wave. The DFM share itself ended flat at AED1.49 ($.40) on a high turnover. Real estate shares ended on a mixed note. Emaar Properties gained 1 percent and closed at AED3.04 ($0.82). Around 70 percent of the listed DFM market capitalization is based on the real estate segment. The Dubai market, whose turnover and volumes advanced by 33 percent, lost 28 points during the third trading week in June. At Nasdaq Dubai, Dubai Ports (DP) World was the only stock which was traded. DP World lost 1.05 percent and closed at 0.47 dollar. The ADX General Index in Abu Dhabi lost slightly and closed at 2,515.39 points amid heavy losses in the real estate development sector. The Kuwait Stock Exchange (KSE) Market Index finished 0.82 percent higher at 6,583.10 points due to rising oil prices. Kuwait ‘s state budget relies 90 percent on oil. The banking sector turned weaker, as shares of Commercial Bank of Kuwait closed 5.43 percent down at 0.87 Kuwaiti dinar ($2.97). The Qatar Exchange's main QE Index ended 0.30 percent lower at 7.008.14 points. However, the weak performing financial sector pulled the market down and volumes remained low. With a 2.26 percent advance, Doha ended as the best Gulf stock market this week. The Bahrain All Share Index finished after a rollercoaster week at 1,393.30 points, up 0.18 percent, and Saudi Arabia's Tadawul stock exchange was closed Thursday.