Stocks of companies related to Greenland are rising amid Trump's threats of annexation, reports Financial Times.
The shares of Greenland's largest bank, Grønlandsbanken, have risen 34% since the beginning of 2026. The shares of the American company Critical Metals, which is mining rare metals in southern Greenland, have increased by 103% on NASDAQ over the same period. The shares of another bank operating in Greenland — Føroya Banki — are trading near record highs.
Some analysts believe that a deal under which the U.S. might purchase part or all of Greenland and invest in its economy could provide support to local financial institutions and other companies.
TRUMP
4.577
-3.50%