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Qatar's bourse dropped sharply Thursday as selling by retail investors and frontier market funds more than offset inflows related to the country's increased weighting in MSCI's emerging market index.Qatar's bourse had risen 3.4 percent to a fresh all-time high since index compiler MSCI said Aug. 17 that it would increase the weight of several Qatari stocks in its emerging market index at the end of August.At the same time, funds tracking the MSCI frontier market index to which Qatar and the United Arab Emirates previously belonged, such as U.S.-based exchange-traded fund iShares MSCI Frontier 100, were due to sell part of their UAE and Qatari investments Thursday, according to the index methodology published on MSCI's website.
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