The following companies may have unusual price changes in trading today. Stock prices are from the previous close. The Straits Times Index added 0.7% to 2,333.14.

CapitaLand (CAPL SP): Southeast Asia’s biggest developer had its share price target raised to $2.72 from $2.50 previously at BNP Paribas, which maintained its “reduce” rating on the stock. CapitaLand slipped 0.5% to $3.71.

Singapore Press Holdings (SPH SP): The city’s biggest newspaper publisher had its price estimate raised to $3.72 from $3.36 at Credit Suisse Group AG, which maintained its “outperform” rating. The stock gained 0.6% to $3.16.

City Developments (CIT SP): Singapore’s second-biggest developer, had its share price target raised to $10.83 from $8.17 previously at BNP Paribas, which has maintained its “buy” rating. The stock lost 2.2% to $8.58.

Frasers Commercial Trust (FCOT SP): The office landlord partly owned by Fraser and Neave, said it will raise $888.9 million by borrowing from banks and issuing shares. The company is selling 2.25 billion shares at 9.5 cents each to existing shareholders, which are entitled to buy one new share for every three shares held. The funds will be used to buy an office building from the parent and repay debt. The stock was unchanged at 24 cents when it last traded on June 29.

Fraser and Neave (FNN SP): Singapore’s biggest beverage maker said it reached an agreement with Coca-Cola Co. for bottling and marketing drinks made by both companies until September 2011. Its shares lost 0.5% to $3.88 when it last traded on June 29.

China Sports International (CSPORT SP): The sports shoe and apparel maker said it will raise net proceeds of $16.2 million by selling up to 168.4 million new shares at 10 cents each to existing shareholders, which are entitled to buy one new share for every four held. The stock slipped 6.3% to 15 cents.

Golden Agri-Resources (GGR SP): The world’s second-biggest palm oil producer, had its “Aa3” credit rating withdrawn by Moody’s Investors Service Inc. for “business reasons.” The withdrawal does not reflect Golden Agri’s creditworthiness, Moody’s said. The stock gained 1.3% to 38 cents.

Keppel Corp. (KEP SP): The world’s biggest builder of oil rigs said it has won three contracts worth $30 million for the upgrading and repair of three semi-submersibles. The stock fell 1.4% to $6.90.

Straits Asia Resources (SAR SP): The Indonesian coal miner partly owned by Thailand’s PTT Pcl had its rating upgraded to “buy” from “hold” and share price target raised to $2.07 from $1.38 at Oversea-Chinese Banking Corp. Its shares dipped 1.1% to $1.75.