Bangladesh, July 20 -- Stocks opened lower on Monday, extending losses for a second straight session as investors opted for profit-taking following a strong five-session rally while assessing the potential impact of the proposed amendments to the margin financing rules.

Advertisement By 11:10 am, DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), had fallen 34 points, or 0.58 per cent, to 5,821.

Market analysts said the recent rally prompted many short-term investors to lock in gains, while uncertainty over the proposed changes to the margin financing rules also weighed on sentiment, triggering broad-based selling pressure in early trading.

Turnover remained subdued, with transactions worth Tk 2.86 billion recorded on the pr...