Company Performance: SOFA.JK's profitability, revenue growth, and overall financial health influence investor confidence.

Industry Trends: Developments in the furniture sector, including changing consumer preferences and raw material costs, impact stock valuation.

Economic Conditions: Macroeconomic factors such as interest rates, inflation, and GDP growth affect consumer spending on furniture.

Market Sentiment: General investor attitudes toward Indonesian stocks and the broader market can drive SOFA.JK's price.

Regulatory Changes: Government policies related to furniture manufacturing, trade, or environmental regulations can impact the company.

Competitive Landscape: The actions of competitors, including pricing strategies and new product launches, influence SOFA.JK's market share and profitability.

Dividend Policy: Decisions regarding dividend payouts can affect investor demand for the stock.

News & Events: Company-specific announcements, such as earnings releases, acquisitions, or significant contracts, can cause price fluctuations.