Climate shocks rattle agro-stocks

While weather forecasters anticipate normal to above normal rainfall during the upcoming summer season, productivity remains at risk due to fluctuations in both weather patterns and input costs.

INVESTORS should snap up agro-stocks that sit high up the value chain and directly feed into consumer spend as weather shocks pose risks to agricultural commodity-producing counters, equities experts have said.This comes as investors’ interest in agricultural stocks on the Zimbabwe Stock Exchange (ZSE) has been lacklustre.Stocks in the food and agriculture sector index underperformed…

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