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Yuanta Indonesia Morning Journal - 16 Apr 2024

 INDUSTRY
• IDC sees recovery in smartphone market
• 4W sales declined by YoY in 1Q24
• Several banks to pay dividend in the upcoming weeks

CORPORATE
• HUMI to prepare capex of USD50.5mn
• ADRO to buyback its shares totaling IDR4tn
• AVIA to open nine distribution center
• ULTJ target double digit sales growth and capex of USD30mn for FY24
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