Share prices in a host of Irish agribusinesses saw a fall in value this week, as Brexit tensions increase.
Having rallied above €5 last week, Irish agri-services group Origin Enterprises saw its share price slump more than 7% this week on stock markets to €4.83.
Origin’s share price is now down more than 15% in value since the start of the year.
Kerry Group
Meanwhile, shares in taste and nutrition giant Kerry Group fell more than 3% this week back to €105.
Despite the slight weakening this week, shares in Kerry Group have gained almost 20% in value since the start of 2019.
Aryzta
Shares in frozen bakery company Aryzta also lost ground this week.
Aryzta shares were down more than 5% this week to €0.84.
Others
Glanbia shares fell 1.5% this week to €11.23, while Greencore shares are down 0.5% in the week to £2.27.
On oil markets, the price of Brent crude oil has shot up by 7% in the last week close to $65/barrel after a drone attack in Saudi Arabia knocked out almost half of the country’s oil production capacity.
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