MIDEAST STOCKS-Qatar falls further on FIFA probe, MSCI profit-taking | Reuters:
"Qatar's bourse fell sharply on Thursday, driven by news of criminal investigations against FIFA soccer officials as well as by profit-taking after an upgrade of some stocks by index compiler MSCI. Most other Gulf markets were also soft.
The Doha index slid 2.7 percent, its biggest daily drop in five months, to 11,902 points, a five-week low, taking its losses to 4.1 percent since the announcement on Wednesday of high-profile arrests and corruption probes at world soccer's governing body.
It is unclear if Qatar's right to host the 2022 World Cup could eventually be revoked because of the investigations; Doha has denied any wrongdoing in its successful bid for the Cup."
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