Special Correspondent: DSEX, the key index of the Dhaka Stock Exchange (DSE) on Wednesday has failed to sustain the short-lived recovery witnessed in the past three sessions.

The key index fell by 25 points, closing at 5177. Moreover, market turnover decreased by by 17.3% or Tk 86 crore to Tk413 crore.

The blue-chip index DS30 and the Shariah-based index DSES closed at 1,919.76 and 1,166.03 points, respectively. All the large-cap sectors posted negative performance on the day.

The NBFI experienced the highest loss of 1.28% followed by Engineering (-1.04%), Pharmaceutical (-0.72%), Food & Allied (-0.33%), Bank (-0.29%), Telecommunication (-0.25%), and Fuel & Power (-0.16%), respectively.

Block trades contributed 8.6% of the overall market turnover. ADN Telecom Limited (+0.4%) was the most traded share with a turnover of Tk41 crore.

Out of the 397 issues traded, 92 advanced, 245 declined and 60 remained unchanged on the Dhaka bourse.

In its daily market commentary, the EBL Securities said the benchmark index of the Dhaka bourse failed to sustain the short-lived recovery witnessed in the past three sessions and reverted to a red trajectory as cautious investors were enticed into profit booking due to the weakened strength of the market trend amid prevailing concerns over the market's momentum.

The market extended its volatility from the previous session, while sellers exerted their dominance over the trading floor that pushed the majority of scrips to slide into the red territory, it said.

ADNTEL topped the turnover chart. BANGAS was the top gainer, whereas RENWICKJA was the top loser. In the block market, shares of Tk 35 crore were transacted, representing a turnover of 8.55%. The SME index, DSMEX, increased by 12.34 pts, and the market generated a Tk 12 crore turnover, a 35% increase from the previous session.

According to the Royal Capital Financial Portal, BRACBANK and SQUARPHARMA contributed the most to the gains and the losses of the DSEX index on the day, and the bear takes over the market control at 11:30 P.M. and onwards.

The port city bourse, Chittagong Stock Exchange (CSE), however, settled on green terrain. The Selective Categories' Index (CSCX) and All Share Price Index (CASPI) edged up by 5.7 and 6.9 points, respectively.