Domestic funds as well as local and foreign retail investors turned net buyers in an otherwise bearish Qatar Stock Exchange (QSE) this week, which saw energy prices soften after major global oil producers struck a compromise deal on supply.

The Qatar Stock Exchange on Sunday opened the week on a stronger note, mainly on the back of strong buying interests of the Arab individuals and the Gulf funds.

Qatar Foundation Research, Development, and Innovation (QF RDI) along with several partners, has developed a smart version of corrosion coupon to understand more than just the corrosion rate of oil and gas pipelines.

There are programmes under development to provide vaccination for all the attendees of the FIFA World Cup Qatar 2022, HE the Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohamed bin Abdulrahman al-Thani said on Friday, as reported by Qatar News Agency.

The cabinet nod allowing the listed companies to increase the foreign ownership limit (FOL) up to 100% had significantly lifted the sentiments in the Qatar Stock Exchange (QSE) this week.

The increased buying support from the local retail investors Tuesday led the Qatar Stock Exchange inch near the 10,400 levels on across-the- board buying interests.

Local retail investors and Gulf funds on Sunday turned bullish in the Qatar Stock Exchange, which otherwise opened the week weak.

Strong buying – especially in the real estate, industrials and transport counters Sunday drove the Qatar Stock Exchange up more than 23 points and place its key barometer near the 10,200 levels.

Local retail investors and the Gulf funds continued to be net buyers but with lesser intensity in the Qatar Stock Exchange, which Tuesday lost 33 points to settle below 10,200 levels.

The Qatar Stock Exchange on Sunday opened the week on a stronger note as its key index gained 16 points, mainly lifted by local and Arab individuals.

The foreign institutions’ strong buying interests on Wednesday lifted the Qatar Stock Exchange about 155 points and place its key index near the 10,300 levels.

The Qatar Stock Exchange on Tuesday extended its bullish run for the second straight session and its key index gained 66 points to surpass the 10,100 levels.