Nestle shares go through volatile trade

PETALING JAYA: Shares of Nestle (M) Bhd experienced volatile trade with an intraday swing of RM28.80 in its share price to close at RM141 in relative heavy volume for the consumer stock on Bursa Malaysia.

Nestle, which is up 36.63% since the start of the year, saw 631,200 shares traded for a value of RM93.9mil as the high-flying stock saw traders take some profit after a stellar rise in the stock’s price since its inclusion in as a component stock in the FBM KLCI in December last year.