Dhaka, Bangladesh, Oct. 17 -- Bangladesh's stocks on Wednesday failed to maintain the momentum of the previous day that saw sharp rise that indicates retail investors remain unconvinced by the government moves to support the market.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 4781, losing 40.01 points or 0.82 per cent after gaining 110 points in the previous day.

Two other indices also ended lower. The DS30 index, comprising blue chips, lost 18.65 points to finish at 1,685 and the DSE Shariah Index shed 9.92 points to close at 1,099.

Market experts said the institutional investors are suffering from liquidity crunch while the retail investors are not confident enough to inject funds into stocks amid a gloomy mar...