Nikkei 225 · July 20, 1992
One month from the low
-4.01%
single-day change vs previous close
Part of a longer stretch
When the bad loans surfaced
near the end of it · 1991-03-18 → 1992-08-18, -47.29% over the whole period
What happened that day?
- On 20 July 1992 the Nikkei 225 fell 4.01%
- It was a month before the low on 18 August, at 14,309
- Against the 1989 peak of 38,915, that is about a third
- At this point Japanese share prices were back where they had been in 1986, six years earlier
- No single trigger can be pinned to this day
- In this stretch the index was 29.3% below its peak
- A month later the largest stimulus package on record turned the stretch
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.