Nikkei 225 · April 12, 2000
The peak of Japan's tech bubble
+1.51%
single-day change vs previous close
Part of a longer stretch
The dot-com bust reaches Tokyo
early in it · 2000-04-12 → 2001-03-13, -43.27% over the whole period
What happened that day?
- The Nikkei 225 moved 1.51% on the day, and this level is the high of the advance running since 1998
- The US Nasdaq had broken hard the previous session. A bubble bursting in America crossed to Tokyo within a day
- Japan had its own run in telecom, software and internet shares from 1999
- Its telecom carrier's mobile internet service was genuinely widely used, so parts of the story had more behind them than in America
- Prices had still run far ahead of that story. After this high the Nikkei fell for three more years, to April 2003
- At that bottom the index was back at its 1982 level
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.