Yuanta Indonesia Morning Journal - 23 Jul 2020

INDUSTRY
• Cement association to see decline of -4% in FY2020
• Increase in bankruptcy filing

CORPORATE
• Solusi Tunas Pratama (SUPR IJ) expects to grow 9%
• Elnusa (ELSA IJ) cuts its capex budget
• UOB Kay Hian to have stake in CCB Indonesia (MCOR IJ)
• Sampoerna’s (HMSP IJ) sales declined 28% YoY in 2Q20