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Qatar plunges as other GCC states cut ties; Saudi rises on MSCI hopes
Qatar's stock market plunged on Monday after four Middle Eastern states severed ties with Doha, while Saudi Arabian shares rose on hopes that index compiler MSCI will move towards upgrading it to emerging market status. The Qatari index tumbled 7.3 percent, erasing over $8 billion of value, in the heaviest…
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