11.   Tax-exempt securities have lagged the gains seen among benchmark government securities since the end of April when the possible consequences of potential tax reform were first highlighted.

12.   The rise in New Jersey stocks lagged the gains made by broader markets this week.

13.   Wisconsin stocks lagged gains in broader national indexes.

14.   Financial stocks, which had lagged gains in property counters, were tipped to lead the market next week along with China-related shares, Tang added.

15.   Kwong said second-line property stocks attracted attention throughout the day, having lagged gains in first line property players.

16.   Selected lower line property stocks were higher on speculative and rotational interest, having lagged recent gains in the broader market, dealers said.