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MYX:TENAGA 22 February 2026

Bursa Malaysia Week Ahead: FBM KLCI eyes 1,770 as earnings season tightens the focus

Bursa Malaysia Week Ahead: FBM KLCI eyes 1,770 as earnings season tightens the focus

The FBM KLCI closed up 0.72 point at 1,752.83 on Friday, lifted late by Maybank and CIMB. January trade rose 12.6% year-on-year to RM272.37 billion, with exports up 19.6%. Analysts expect the index to test 1,770 next week but warn of profit-taking. The ringgit is seen holding between RM3.90 and RM3.93 against the dollar as markets await U.S. data.

Stock Market Today

  • Is United Parks & Resorts (PRKS) Undervalued After Recent Price Drop?
    March 14, 2026, 9:58 PM EDT. United Parks & Resorts (PRKS) saw its share price fall 35.3% over the past year amid volatile market sentiment toward theme park operators. Despite this slump, a discounted cash flow (DCF) model values the stock at $50.51 versus its current price near $30.86, indicating the shares are undervalued by 38.9%. The DCF uses projections of free cash flow reaching $223 million by 2027 and extends through 2035. This suggests potential opportunity as the market weighs risks around consumer spending, park attendance, and pricing strategies in leisure sectors. Simply Wall St rates PRKS with a strong value score of 5 out of 6, highlighting the stock's appeal to long-term investors despite recent declines.
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