It’s generally been a positive week for shares in listed Irish agribusinesses, despite growing uncertainty around Brexit and global trade. Shares in Greencore, FBD, Donegal Investment Group, Total Produce and Aryzta all made modest gains over the last week.

Shares in convenience food group Greencore made the strongest gains this week, with share prices up more than 3% in the last week close to £1.80. However, Greencore shares are still down 20% on where they started the year.

Rebound

After some recent declines, shares in Total Produce rebounded more than 2% this week to reach €2.15, while Donegal Investment Group shares were also up 2% in the week to €9.55. Shares in embattled bakery group Aryzta rose a modest 1.8% this week to reach €8.54, although prices are still down more than 70% from where they started 2018.

The only companies to record a decline this week were Tesco and Origin Enterprises, with shares in both companies down 1% in the week. The price of oil has jumped this week by almost 5% with Brent crude oil now trading at close to $75/ba.