The following companies may have unusual price changes in trading today, say Bloomberg and Thomson Reuters. Stock prices are from the previous close. The Straits Times Index rose 0.9% to 2,659.20.
Wall Street saw modest gains for its two key indices last Friday after government data showed the US economy contracted less than expected in the second quarter, indicating the recession may be moderating. The tech-heavy Nasdaq, however, dropped 0.29%.
ARA Asset Management (ARA SP): One of two Singapore-listed real estate investment trusts controlled by Hong Kong billionaire Li Ka-shing said it is acquiring the Suntec Singapore International Convention & Exhibition Centre for $235 million. ARA Asset was unchanged at 68 cents. Suntec REIT gained 2.8% to $1.09.



