Nikkei 225 · March 10, 2022
At the bottom of the invasion selloff
+3.94%
single-day change vs previous close
Part of a longer stretch
Japan's 34-year climb back
near the end of it · 2009-03-10 → 2024-02-22, +454.20% over the whole period
What happened that day?
- On 10 March 2022 the Nikkei 225 rose 3.94%
- The previous session, 9 March, had been the low of the stretch, after commodity prices exploded following the invasion
- Oil and grain prices spiked around this time. Japan imports both, so its costs rose directly
- Near a bottom, a single headline about negotiations moves prices a long way, because headlines are all there is to price against
- No single trigger can be pinned to this day
- The stretch had been 17.08% from the peak
- Japan then kept easing while others tightened, and that gap showed up as a weaker yen
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.