Nikkei 225 · June 27, 1972
The summer of remaking the country
+5.32%
single-day change vs previous close
What happened that day?
- On 27 June 1972 the Nikkei 225 rose 5.32%
- A plan to spread industry across Japan with new motorways and bullet train lines was the talk of the country
- Construction, property and materials companies rose first. Land prices went with them
- On top of that sat the heavy monetary easing that had run since the previous year
- No single trigger can be pinned to this day
- The index had been 9.48% below its peak in this stretch
- The plan was effectively abandoned the next year amid surging prices and the oil shock
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.