Nikkei 225 · November 1, 1990
A give-back inside the bounce
-3.57%
single-day change vs previous close
Part of a longer stretch
The first bounce
early in it · 1990-10-01 → 1991-03-18, +34.25% over the whole period
What happened that day?
- On 1 November 1990 the Nikkei 225 fell 3.57%
- It was a month into the climb that began at the 1 October low
- Days like this happen inside a rising market, because few people are yet convinced the direction has changed
- The Gulf crisis was still running and oil was still high
- No single trigger can be pinned to this day
- In this stretch the index was 39.04% below its 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.