The 14-day relative strength index of the Saudi gauge was at 24 at the end of last week, the lowest level since December.
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Qatari stocks led losses in most equity markets across the six-nation Gulf Cooperation Council after Brent crude slumped to the lowest level since January.Dubai's DFM General Index's slipped 0.6 percent, while Saudi Arabia's Tadawul All Share Index gained 0.5 percent in Riyadh after sliding as much as 1.1 percent.Prices have fallen more than 50 percent in the past 12 months.The 14-day relative strength index of the Saudi gauge was at 24 at the end of last week, the lowest level since December.Abu Dhabi's ADX General Index fell 0.6 percent even as Dana Gas PJSC, the Sharjah-based energy explorer, rose 7 percent in more than four times the stock's three-month average daily volume.The EGX 30 Index in Egypt slid 1.3 percent to 8,011.06, the lowest close in almost two weeks.
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