Company Performance: Positive earnings reports and strong revenue growth usually increase the stock price.

Market Sentiment: Overall investor confidence and optimism in the Malaysian stock market can drive up stock prices.

Industry Trends: Growth or decline in the telecommunications industry can impact the stock's attractiveness to investors.

Economic Conditions: A strong Malaysian economy often leads to increased investment and higher stock prices.

Interest Rates: Lower interest rates may make stocks more attractive compared to fixed-income investments.

Regulatory Changes: Government policies and regulations affecting the telecom sector can influence investor perceptions.

Dividend Policy: A history of consistent dividend payouts or an increase in dividends can attract investors.

Competitor Activity: Actions taken by competing telecom companies can influence market share and profitability.

Global Events: Global economic or political events can affect investor confidence and market volatility.