Nikkei 225 · March 26, 2020
A wobble right off the bottom
-4.51%
single-day change vs previous close
Part of a longer stretch
From the COVID low to a 30-year high
early in it · 2020-03-19 → 2021-09-14, +85.29% over the whole period
What happened that day?
- On 26 March 2020 the Nikkei 225 fell 4.51%
- The low of the stretch had come a week earlier, on 19 March, and the index had risen hard since
- Passing a bottom does not calm the swings straight away. For days they get larger in both directions
- Governments were announcing huge packages while infections kept spreading
- There were two bases for pricing, pointing opposite ways, so it swung violently day to day
- No single trigger can be pinned to this day
- The crash before it had been 31.27% 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.