Subdued corporate earnings growth reflects soft domestic consumption


Exceeding expectations: AirAsia is among the big-cap stocks with positive growth during the quarter. — Reuters

PETALING JAYA: Corporate earnings growth for the second quarter of the year was relatively subdued, with few positive surprises, reflecting the soft domestic consumption environment.

The sectors which had positive growth in earnings, year-on-year as well as quarter-on-quarter, were banks, aviation, construction, property, technology and gloves.

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