Amid investors' wait-and-see approach, stocks returned to negative territory following two green sessions in a row.
Turnover at both the stock exchanges declined marginally on Wednesday.
DSEX, the broad-based benchmark at the Dhaka Stock Exchange (DSE), fell 0.22 percent down to close at 4,076, while Shariah index DSES lost 0.31 and blue-chip index DS30 remained almost flat with 0.1 percent loss at the end of the session.
Investors oscillated between optimism and cautiousness amid the existence of floor price and gradual reopening of the economy, said the UCB Capital in its daily market commentary to the clients.
The market after an around 3 percent gain for recovery had suffered sell pressure last week as a large number of investors came up with sale orders to liquidate some positions amid uncertainty regarding economic recovery and the stock market pricing.
However after the regulator reassured investors that floor price will remain until the stock market crisis is over, indices at both the stock exchanges had two positive sessions in a row until Tuesday.
The EBL Securities in its commentary report on Tuesday said, "The shaky investors remained cautious and adopted a wait-and-see approach ahead of the announcement of the Monetary Policy Statement declaration by the Bangladesh Bank."
Moreover, the ongoing quarterly earning declarations from several stocks have failed to meet investors' expectations and played a role to decline market participation, said the brokerage firm.
Turnover declined 2.14 percent at the premier bourse. Of the Tk247 core total turnover in the DSE, Tk38 crore was block market's contribution where buyers and sellers prefer pre-set rates to the public market trading based on asking and bidding price.
At the end of the session, services and real estate, IT and textile, non-banking financial institutions, fuel and power, and telecommunication sectors experienced price appreciation. Although none of the sectors gained market capitalisation more than one percent.
Life insurance, general insurance, paper and printing, mutual funds, banks and jute sectors faced the highest correction.
General insurance, pharmaceuticals, and fuel and power sectors dominated the turnover chart.
Investors' attention was mostly concentrated on general insurance, pharmaceuticals and fuel and power stocks with these sectors contributing 16.80 percent, 15.49 percent and 10.33 percent of the day's turnover respectively.
Out of 340 issues traded in the DSE, 64 securities advanced, 96 declined and 180 issues remained unchanged.
Meanwhile, the Chittagong Stock Exchange also registered a downward trend at the end of the session.
CSCX, the broad-based index at the port city bourse, has lost 0.12 percent to close at 7,036. Shariah index CSI was the biggest loser with 0.41 percent fall at the CSE. Daily turnover moderately declined there to be Tk5.77 crore.