Traders watch share prices on an electronic display at the Doha Stock Exchange in Doha, Qatar June 3, 2015. REUTERS/Naseem Zeitoon
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Qatari shares nearly erased the biggest drop in two months as investors shrugged off concern the Gulf nation may lose the right to host football's World Cup following the resignation of FIFA's president.FIFA President Sepp Blatter resigned Tuesday, a week after U.S. prosecutors indicted officials in football's world governing body and Swiss authorities started a probe into allegations of corruption in the awarding of the 2018 and 2022 tournaments to Russia and Qatar, respectively.Investment and real estate company Ezdan Holding Group led decliners with a 2.6 percent slide, while the gauge's biggest member, Qatar National Bank, reversed a 2.9 percent drop to close 0.6 percent higher.The organization had decided to allow Qatar to host the 2022 World Cup in the winter, which will force major leagues in Europe to alter their schedules.
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