Stock pickers in some of Asia's key markets are being pounded by a series of extreme weather events, from heatwaves to flooding, signalling the difficulties ahead as El Nino-related risks rise and climate change accelerates.

• Extreme weather has always been part of the cost of doing business by the frequency of such events is increasing.
• The volatility linked to them isn't limited to just Asia, but it certainly the region where the impact on stock markets has been outsized so far this year.
• India's hottest February in more than a century, following a spike in cattle deaths caused by a viral skin disease, fueled a rare drop in dairy production in the world's largest milk-producing nation. With more heat waves forecasts alongside peak summer demand, shares of dairy firm such as Parag Milk Foods Ltd. and Heritage Foods Ltd. are soaring.
• In resource-rich Australia, Nerwcrest Mining Ltd.'s Telfer gold mine was closed earlier this month and the company's shares fell from more than a two-year high after the biggest cyclone to hit the Western Australian coast in almost a decade made landfall.
• Researchers and analysts who track the impact of these events have a message for traders struggling with stock swings: Get used to them.
• The possibility of an El Nino weather pattern forming - typically signaled by higher-than- normal water temperatures in the Eastern Pacific, means hotter and drier conditions for Asia and Australia.
• Shares of Thailand's agricultural firms, drinks manufacturers and related companies have also become a focus after a local report flagged exactly those conditions for the Southeast Asian nation in the coming months.