Nikkei 225 · November 25, 2011
Europe again, and a record yen
-19.51%
peak-to-trough, the whole slide
94 trading days · 2011-07-08 → 2011-11-25
back to the old high on 2012-03-19
What happened that day?
- From the high on 8 July 2011 to the low on 25 November, the Nikkei fell 19.51% over 94 trading days
- The crisis that began in Greece spread to Italy and Spain, and people began asking whether the euro itself could break
- That August the US lost its top credit rating for the first time, and world markets fell together
- In October the yen reached the seventy-fives per dollar — its strongest ever at the time
- This landed on an economy whose supply chains and power supply had already been broken by the March earthquake
- The government intervened in the currency market several times that year
- This high was recovered in March 2012
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.