Nikkei 225 · October 2, 2018
Two and a half years the world rose together
+62.32%
trough back to the old high
650 trading days · 2016-02-12 → 2018-10-02
this undid the slide that began 1991-11-13
What happened that day?
- From the low on 12 February 2016 to the high on 2 October 2018, the Nikkei rose 62.32% over 650 trading days
- This was a rare stretch in which the major economies improved at the same time — the US, Europe and China together
- A large cut in US corporate tax also lifted markets worldwide
- The Bank of Japan continued easing by pinning government bond yields to a set level
- This high was the highest since November 1991 — twenty-seven years to get back there
- The run ended with US rate rises and the trade dispute
- In the fourth quarter alone the index then fell more than twenty percent
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.