By Mohd Edrees

June 26 (Reuters) - Dubai's main share index ended lower on Friday, tracking weaker oil prices as supply concerns eased after more stranded oil tankers exited the Strait of Hormuz, while the Abu Dhabi index closed flat.

Crude shipments through the Strait rose this week to their highest level since the Middle East conflict began in February after a ceasefire deal reopened the waterway, data on Thursday showed.

Brent crude, a key catalyst for the Gulf's financial market, was down 3.4% at $72.72 a barrel by 1110 GMT. O/R

Dubai's main market index .DFMGI slipped 0.1%, weighed by declines in utility and industrial stocks.

Emirates Central Cooling Systems Corporation EMPOWER.DU fell 1.8%, while state-run Dubai Electricity and Water Authority DEWAA.DU declined 1.1%.

Diplomatic efforts have helped ease regional tensions, but investors remain focused on geopolitical developments. A recent incident involving shipping in the Strait of Hormuz could inject some caution into sentiment amid ongoing U.S.-Iran diplomatic talks, said Samer Hasn, senior market analyst at XS.com.

However, Abu Dhabi's benchmark index .FTFADGI settled 0.04% up despite trading in negative territory for most of the session, supported by a 2.3% jump in real estate giant Aldar Properties ALDAR.AD and a 1.9% rise in Abu Dhabi Islamic Bank ADIB.AD.

Aldar Properties announced it had sold out Orchids at Yas Acres at the launch, generating more than AED 680 million ($185.15 million).

Dubai's index fell 2.4%, recording its first weekly decline in more than a month, while Abu Dhabi's index posted a 1.4% weekly loss, according to LSEG data.

Separately, Saudi Aramco 2222.SE resumed crude loadings on Friday at its Ras Tanura terminal in the Gulf after a near four-month halt, shipping data showed, as the world's biggest oil exporter joined a rush to move cargoes amid industry hopes of a return to normal.

($1 = 3.6726 UAE dirham)