The index rises 1.9 per cent to 1,745 points, its highest finish since January 12, and trading tops 600 million shares for the fourth session in succession.
"Volumes had dropped substantially and we're not seeing them return to the old bull market levels, but trading is healthier than it was in the third and fourth quarters of last year," says Ali Khan, head of cash-equity trading at Dubai-based Arqaam Capital.
The Abu Dhabi measure also ends higher, rising 0.6 per cent to 2,695 points, its highest close since December 17.
"Investors had been selling in the expectation of buying back at lower levels, but with the Dubai index closing above 1,700 points they won't necessarily be able to do this and so investors are trading from a more medium-term perspective," says Ayman el-Saheb, Darahem Financial Brokerage director of operations.