Company Performance: Earnings, revenue growth, and profitability directly impact investor confidence.

Sector Trends: The overall health and outlook of the automotive industry influence stock valuations.

Economic Conditions: Factors like GDP growth, interest rates, and inflation affect consumer spending on vehicles.

Government Policies: Automotive policies, tax incentives, and import/export regulations can alter the business environment.

Investor Sentiment: General market optimism or pessimism and risk appetite impact stock demand.

Global Events: Geopolitical events, supply chain disruptions, and commodity price fluctuations influence production costs and sales.

Competitor Actions: Strategies and performance of rival automotive companies influence market share and profitability.

Raw Material Prices: Fluctuations in steel, rubber, and other material prices impact production expenses and margins.

Currency Exchange Rates: Ringgit's strength relative to other currencies affects export competitiveness and import costs.

Dividend Policy: Decisions regarding dividend payouts can influence investor interest and stock valuation.