Nestle stock in focus after Singapore expands infant formula recall ahead of Monday trade
Singapore’s Food Agency ordered recalls of two more infant formula products, including Nestlé NAN HA1 SupremePro, after detecting cereulide toxin. Nestlé shares fell 1.7% Friday, closing at 75.24 Swiss francs, near a 52-week low. One mild illness was reported. The company halted sales of the affected batch and offered refunds.