Nikkei 225 · February 21, 2011
A rebound that ended at the earthquake
+23.04%
trough back to the old high
113 trading days · 2010-08-31 → 2011-02-21
this undid the slide that began 2010-04-30
What happened that day?
- From the low on 31 August 2010 to the high on 21 February 2011, the Nikkei rose 23.04% over 113 trading days
- That autumn the US Federal Reserve announced a second round of quantitative easing, buying government bonds in size
- A weaker dollar usually means a dearer yen, but the lift to world markets outweighed that here
- The Bank of Japan also set up an asset purchase fund and began buying listed funds
- This rebound ended with the great earthquake of March 2011
- The quake struck three weeks after the high
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.