Investec, one of the star performers among JSE-listed financial services companies, dropped the most in more than three years after saying Brexit uncertainty and a weak SA economy would push its earnings down by almost a fifth.

The shares fell 5.68% in Johannesburg, the most since June 2016, according to Iress, as the company said on Friday that headline earnings per share (HEPS) could drop by between 15% and 18% for the period. Friday's fall in its share price cuts its 2019 gain to 9.44%.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now