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BUZZ-Investec: JP Morgan cuts PT on S.Africa-listed shares

Reuters - UK Focus

** Investec (LSE: INVP.L - news) 's shares down 2.5 pct after JP Morgan cuts PT on co's S (Other OTC: UBGXF - news) .Africa listed shares to 110 rand from 140 rand

** JP Morgan cuts estimates for co's asset management and wealth management units following results from Close Brothers (LSE: CBG.L - news) and UBS (NYSEArca: FBGX - news)

** A quarter of co's daily avg vols gone through in the first half-hour of trade

** Shares (Berlin: DI6.BE - news) bottom of the Stoxx 600 Financial Services Index , and third largest faller on the FTSE midcap index (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)