Dhaka, Jan. 24 -- Stocks on both the bourses witnessed a positive note amid soaring turnover in the early trading on Sunday as investors went on buying spree on major sector stocks.

Beximco Pharma's share soared 4.7 per cent to reach at Tk 207.5 within 30 minutes of trading following the news that the company is set to acquire 54.6 per cent stake in Sanofi Bangladesh for roughly Tk 4.0 billion, as it looks to expand its product base and diversify into new areas.

With this, the French pharmaceuticals giant will exit Bangladesh ending its presence in the country that spans more than six decades.

The proposed transaction will be completed within the next three to nine months, said Beximco Pharma, one of the biggest drug-makers in Banglade...