Shares in Leading Spirit (Holdings) and subsidiary Leading Spirit Conrowa Electric (LS Conrowa) continued to trade heavily despite investigations by the Securities Futures and Commission. Leading Spirit and LS Conrowa topped the most sought after stocks yesterday with nearly one billion Leading Spirit shares changing hands and 220 million LS Conrowa shares traded. The value of Leading Spirit shares traded was about $176 million. Leading Spirit finished 1.1 per cent lower at 17 cents while LS Conrowa was down 1.1 per cent to 17.3 cents. The firms said yesterday the commission was looking into the high turnover, especially between April 2 and April 22 when daily transactions reached 1,380 for Leading Spirit shares and 1,174 for LS Conrowa shares.