Dhaka, May 27 -- The Dhaka Stock Exchange (DSE) closed lower on Tuesday, with the key index sinking to its lowest level in nearly five years, as heavy sell-offs in select large-cap stocks continued to weigh on investor sentiment.

The DSEX, the benchmark index of the DSE, dropped by 41.25 points to settle at 4,678.13 - marking its lowest level in 57.5 months. The last time the index dipped below this level was on August 12, 2020, when it stood at 4,633.38.

Market sentiment remained firmly bearish, driven by persistent selling pressure on major stocks, pushing all key indices into the red.

The DS30 Index, which represents blue-chip stocks, lost 17.74 points to close at 1,724.17, while the DSES Index, comprising Shariah-compliant companie...