MIDEAST STOCKS-Qatar given weightings lift as markets fall on oil weakness | Reuters

MIDEAST STOCKS-Qatar given weightings lift as markets fall on oil weakness | Reuters:



"Equity markets across the Middle
East fell on Sunday as weak oil prices depressed investor
sentiment, though the Doha bourse did better than others after
index compiler MSCI increased Qatar's weighting in its emerging
markets index. 



Saudi Arabia's main index dropped 2.5 percent to
8,464 points, its lowest close since late January, falling
through technical support around 8,500 points, where it had
bottomed out in March and April.



A second straight close below that level would trigger a
double top formed by the March and April peaks, indicating that
December's low of 7,226 points could be repeated in the coming
months."



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