Kuala lumpur: While most sectors are anticipated to show stable earnings in the second quarter of 2025 (2Q25), Maybank Investment Bank Bhd (Maybank IB) forecasts positive trends in the construction, healthcare, property, oil and gas (O and G), and utilities sectors.

According to BERNAMA News Agency, macroeconomic data released so far this year indicate that domestic factors, such as steady consumer spending and a sustained investment cycle, are mitigating external challenges. The 2Q25 results season has commenced, and Maybank IB expects a more balanced performance compared to the lackluster first quarter of 2025 (1Q25).

In the construction sector, Maybank IB observed that 1Q25 was typically slower due to the dual impact of the Chinese New Year and the Ramadhan fasting month, both occurring in the quarter. However, for 2Q25, they anticipate increased activity and progress billings, resulting in higher revenue and profits.

The investment bank also projects a recovery in the healthcare and property sectors after their seasonally weaker performance in 1Q25. For the O and G sector, Maybank IB predicts improved earnings for oil and gas services and equipment providers in 2Q25, as the sector moves past the annual monsoon season that generally impacts the fourth and first quarters.