Meanwhile, the index of the 45 most liquid stocks plunged 0.37 points, or 0.04 percent, to 1,022.34.
Valbury Sekuritas Chief Researcher Alfiansyah claimed that in spite of a slowdown, the IHSG is projected to strengthen by the end of 2019.
"Despite a lack of positive catalyst for the market and slow transactions, (I believe) the IHSG will likely appreciate before the end of the year," Alfiansyah noted.
On the external front, Shenzen-based China's multinational tech company, Huawei, has barred all US products in a knee-jerk reaction to the US sanctions imposed by President Donald Trump.
Huawei's boycott may have a detrimental impact on three US multinational companies: Intel, AMD, and Qualcomm or Neophotonics.
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