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Nestle (Malaysia) Bhd emerged as the top gainer, adding 80 sen to close at RM97.80, while Malaysian Pacific Industries Bhd followed with a 54 sen increase to RM25.74. In contrast, United Plantations Bhd led the decliners, dropping RM1.60 to RM30.22. Other notable losses included Kuala Lumpur Kepong Bhd, down 20 sen to RM21.30, and Dutch Lady Milk Industries Bhd, which fell 30 sen to RM9.90.
Independent asset managers in Switzerland are optimistic about 2025, anticipating a strong performance from Swiss blue chips, particularly Nestlé, after a disappointing 2024. While 84% expect robust US market growth, concerns linger over Europe's political climate, with only 42% predicting rising share prices. The focus remains on quality stocks, gold, and diversified portfolios amid geopolitical uncertainties.
Nestlé S.A. is evaluated among the top cookies and crackers stocks as the global market, valued at $100.2 billion in 2023, is projected to grow to $122.45 billion by 2030, driven by North America and rapid expansion in Asia Pacific. Despite economic pressures, snacking remains a resilient category, with consumers maintaining spending habits. Meanwhile, Mondelēz International's potential acquisition of Hershey could reshape the confectionery landscape, competing with Mars' upcoming merger with Kellanova.
The PUK report on the Credit Suisse debacle fails to address the critical issue of character, attributing the bank's downfall more to a toxic mindset than to insufficient capital. Key figures, including Chairman Urs Rohner, exemplified a culture of greed and recklessness, leading to disastrous consequences. The report highlights systemic failures by regulatory bodies but overlooks the profound impact of leadership on the bank's fate.
Nestle India has stated that the recent withdrawal of Switzerland's Most Favored Nation (MFN) status will have no impact on its operations. The company reassured stakeholders that its business remains stable despite the geopolitical changes.
Switzerland faces challenges as families receive eviction notices amid rising real estate speculation, raising concerns about social stability. While the economy shows some resilience compared to the EU, major Swiss companies like Roche and Nestlé struggle with poor management decisions, impacting investor confidence. The promise of a prosperous decade seems overshadowed by the realities faced by many employees and smaller investors.
The Food for Special Medical Purpose market is poised for growth, driven by the rise in chronic illnesses and an aging population, particularly in Asia Pacific and Europe. Key players include Nestle, Danone Nutricia, and Abbott, with significant investments in R&D despite high costs and regulatory challenges. The market focuses on tailored nutritional solutions for infants, adults, and the elderly, reflecting evolving dietary needs.
The Swiss stock exchange closed lower, with the SMI down 0.26% at 11,384.92 points, marking a 3% loss over the week and reducing year-to-date gains to just 2%. Investor uncertainty stems from the Federal Reserve's cautious approach to interest rate cuts and concerns over a potential U.S. government shutdown. Notable declines were seen in UBS, Partners Group, and various insurance companies, while Idorsia plummeted 50.35% due to delays in drug negotiations.
Nestlé in Ukraine increased production by 10% in 2024, with plans for similar growth in 2025, despite ongoing challenges from the war. CEO Alessandro Zanelli highlighted the resilience of the Ukrainian economy, stable inflation, and the company's strategy focused on sustainability and adaptability. The new plant in Volyn, set to launch in January 2025, aims to create a food production center for significant exports, reinforcing Nestlé's commitment to investing in Ukraine during these challenging times.
Nestle has launched a new protein shot designed to aid weight loss by helping manage hunger and naturally boost GLP-1 hormone levels. Meanwhile, the FDA has declared the shortage of tirzepatide, the active ingredient in Eli Lilly’s Zepbound, over, impacting the weight-loss drug market. The rise in popularity of medications like Wegovy and Zepbound is also leading to increased healthcare utilization in the U.S., with more patients being diagnosed and prescribed for various conditions.
Nestlé S.A.
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
nestle leads gains while united plantations faces significant decline
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MYS
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11:14 23.12.2024
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credit suisse downfall rooted in character flaws not capital issues
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22:45 21.12.2024
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swiss stock exchange declines as investors react to economic uncertainties
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17:45 20.12.2024
Nestlé Ukraine projects continued growth amid challenging economic conditions
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nestle launches protein shot as weight loss drugs reshape healthcare landscape
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