Stocks fall anew on Greenland maelstromMANILA, Philippines — The local stock market dropped for the fourth straight session amid prevailing global uncertainty over US President Donald Trump’s threat to take over Greenland. The bellwether Philippine Stock Exchange index tumbled by 0.36 percent or 22.76 points to end yesterday’s session at 6,330.10. The broader All Shares index also slipped by 0.28 percent or 10.12 points, settling at 3,596.69. “The local market dropped again amid the negative cues from Wall Street caused by worries over the US’ tariff threats against selected European countries as it tries to get Greenland,” Philstocks Financial research manager Japhet Tantiangco said. Global equities were mixed Wednesday following a rough start to the week fueled by Trump’s Greenland-linked tariff threats.

Source: Philippine Star January 21, 2026 16:49 UTC