Share Market Report.—There has been more activity on the local market during the past week than for a long time past, the turnover amounting to almost 74 millions, almost two and a half times the turnover for the previous week. Both sections have shared in this increase and both sections have also seen prices advance, the daily average of generals having risen 16.66 and that of rubbers 19.56. Among stocks which have increased in price the following were chief Asia Navigation—35.5%, Loans—25%, Seremban—19.5%, Sungala—17.1%, Tanah Merah—15.8%, Rubber Trust—15.7%, Ziangbe—13.8%, I. I. Trust—13.5%, Metals—13.2%, Explorations—12.7%, Anglo-Dutch—12.2%.
A feature of the week's trading has been the interest shown in Asia Navigation which has taken the most business for any single stock, the price for the week ranging between $12.80 and $1600; Wheelock has been the next heavily traded with a turnover of more than 12 millions.
The following list gives the volume of business done in the more popular issues Shares Asia Navigation 864,280 12,777,700 Wheelock 113,530—12,301,800 Explorations 328,240—8,919,300 Ewo Mills 196,850 7,800,000 Metals 151,400 4,906,000 Dockyards 128,750—3,856,200 Loans 136,300—2,909,900 Lands 145,415—2,273,100 Yangtsze Finance 127,690 2,252,200 Anglo-Java.
66,500—2,287,000 Langkat 92,200 2,054,700 LI. Trust 64700 1,777,100 Lumber 30,050—1,076,400 Ewo Breweries 195,375 1,549,000 Debentures.—There has been a fair interest shown in debentures with S.M.C. 6% 1941 taking most of the business, the following having been transacted $880,600 S.M.C. 6%, 1941—@ 964/974
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