Middle East funds negative on Saudi after oil slides

[ahlam1399]

Middle East funds negative on Saudi after oil slides
* ** respondent plans to increase overall equity allocations * Oil headed for monthly loss after rallying in April * Saudi Arabia's strict foreign investment rules to limit inflows * Managers moderately positive or neutral on rest of Gulf * Egypt seen positively again after delaying unpopular tax By Olzhas Auyezov DUBAI, May 31 (Reuters) - Middle East fund managers have on balance become bearish on the region's biggest stock market, Saudi Arabia, after oil's rally ran ouhttp://i2.wp.com/reuters.us.feedsportal.com/c/35217/f/654213/s/46cbf30a/sc/24/mf.gif?resize=1%2C1
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