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Middle Eastern stock markets mostly ended the third trading day of the week higher. Saudi Arabia's Tadawul All Share index rose 1.38 percent to 10,308.37 points. The Dubai Financial Market index gained 0.83 percent to reach 6,221.23 points, while the Abu Dhabi Securities Exchange index advanced 0.31 percent to 9,585.06 points.

The Kuwait Stock Exchange closed 0.26 percent higher at 8,563.51 points, while Oman's MSX30 index gained 1.30 percent to finish at 7,374.08 points. The Bahrain Stock Exchange edged up 0.01 percent to 1,824.47 points.

Meanwhile, the Qatar Stock Exchange ended the day 0.51 percent lower at 10,124.96 points. Egypt's EGX 30 Capped index increased 0.15 percent to 64,998.35 points.

Market movements across the region were influenced by expectations of a ceasefire in the US and Israeli war against Iran, diplomatic initiatives and risks associated with maritime transportation through the Strait of Hormuz. While stock markets in Saudi Arabia, Dubai and Abu Dhabi posted gains, Qatar's market declined.