Mideast Stocks: Abu Dhabi and Qatar drop as heavyweight blue-chips go ex-dividend | ZAWYA MENA Edition:
Abu Dhabi's stock index fell sharply on Wednesday, hurt by a slide in First Abu Dhabi Bank , while Qatar was pulled down by Industries Qatar , after both shares went ex-dividend.
The Abu Dhabi index fell 2 percent, declining for the fifth straight session with First Abu Dhabi Bank , the country's largest lender, slumping 4.5 percent.
The bank announced a cash dividend of 0.74 dirhams last month.
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