Nikkei 225 · March 25, 2020
Tokyo on the global stimulus
+8.04%
single-day change vs previous close
Part of a longer stretch
From the COVID low to a 30-year high
early in it · 2020-03-19 → 2021-09-14, +85.29% over the whole period
What happened that day?
- On 25 March 2020 the Nikkei 225 rose 8.04% in a single day
- It followed the Fed's unlimited buying announcement and news that Congress had agreed a large relief package
- The Bank of Japan also said it would increase its equity ETF purchases, holding the market up directly
- The decision to postpone the Tokyo Olympics landed too, and was read as one uncertainty resolved
- The yen, which had been strengthening through the panic, settled — helpful for exporters
- The Nikkei recovered from here and kept climbing into 2021
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.