Nikkei 225 · February 6, 2013
Back to the 2010 high
+3.77%
single-day change vs previous close
Part of a longer stretch
Abenomics, the first leg
near the end of it · 2012-06-04 → 2013-05-22, +88.38% over the whole period
What happened that day?
- On 6 February 2013 the Nikkei 225 rose 3.77%
- The index regained its April 2010 high that day — the level lost to Europe's crisis and the earthquake
- It had risen almost without pause since the previous November, because the yen kept weakening
- Foreign buying drove this stretch. Japanese individuals were selling into it
- In a market that has only fallen for twenty years, selling into strength becomes the habit
- No single trigger can be pinned to this day
- The dip before it was only 2.71% from the peak
Sources
Every figure on this page is recomputed from the original daily closing prices and checked against them at build time. The account of what happened is written from the sources listed above.