The following companies may have unusual price changes in trading today, say Bloomberg and Thomson Reuters. Share prices are from the previous close. The Straits Times Index dropped 1.1% to 2,732.12.

US stocks rose last night, helping the Dow post its fifth straight monthly gain, on hopes that the possible fallout from Dubai’s debt woes will be contained.

Banks: The Monetary Authority of Singapore said it does not expect developments in Dubai to adversely affect the island nation’s financial stability because lending by local banks to the United Arab Emirates is less than one% of total assets. The announcement last week that Dubai World was struggling with US$59 billion ($81.6 billion) in liabilities hit stock markets from Asia to US. The company said yesterday it is in talks with banks to restructure US$26 billion of debt.

DBS Group Holdings (DBS SP), Southeast Asia’s biggest lender, said yesterday $558 million of its loans to Dubai World Finance are affected by a standstill notice and that its total lending to Dubai is $1.8 billion. DBS dropped 3% to $14.32. Oversea-Chinese Banking Corp. (OCBC SP), the smallest of the three Singapore banks, lost 0.4% to $8.38. United Overseas Bank (UOB SP), the city-state’s second-biggest bank, slid 1% to $18.84.

Bulk carriers: The Baltic Dry Index, which measures the cost of shipping commodities, dropped 2.2% in London yesterday, taking losses in the past seven days to 17%. Cosco Corp. Singapore (COS SP), a China-based shipbuilder that also operates bulk carriers, sank 2.7% to $1.07. Mercator Lines Singapore (MRLN SP), an Indian bulk carrier, slipped 1.6% to 30.5 cents. STX Pan Ocean Co. (STX SP), South Korea’s biggest bulk carrier, dipped 1.2% to $13.76.

City Developments (CIT SP): Singapore’s second-biggest property developer said it is open to the possibility of raising its stake in the South Beach property development in the city- state, in which Dubai World also has a stake, the local press reported. City Developments slid 1.4% to $10.

Sim Lian Group (SLG SP): The Singapore-based property developer and construction company said it won a $80.5 million contract to build public housing flats in Punggol East in the northeastern part of the island. Sim Lian jumped 4.7% to 45 cents.

Technics Oil & Gas (TGH SP): The provider of engineering services to the oil and gas industry said it won a $16 million contract from Vietsovpetro for supply and installation of equipment for an oil exploration platform in Vietnam.

United Fiber Systems (UFS SP): The supplier of pulp and woodchips said its unit won a $115.8 million contract for the construction of a residential condominium in Singapore. United Fiber was unchanged at 4.5 cents.

Yongnam Holdings (YNH SP): The Singapore-based construction company said it won a $21.5 million contract from Marina Bay Sands, the Las Vegas Sands Corp. unit building one of two casino resorts in the island nation. Yongnam dropped 4% to 24 cents.