Johannesburg - Shares of FirstRand [JSE:FSR] tumbled more
than 5% as the stock trades ex-dividend, or without the right to its latest
dividend from Monday.
FirstRand, South Africa's second-largest bank, was down 5.1% at R19.59. Investment firm RMB Holdings [JSE:RMH], whose sole investment is a stake in FirstRand, is also trading ex-dividend, and was down nearly 5%.