Nikkei 225 · August 24, 2009
The summer the recovery held
+3.35%
single-day change vs previous close
Part of a longer stretch
A year off the crisis low
midway through · 2009-03-10 → 2010-04-05, +60.73% over the whole period
What happened that day?
- On 24 August 2009 the Nikkei 225 rose 3.35%
- Production and export data around the world were turning up off their lows that summer
- China's large stimulus revived Japanese machinery and materials exports first
- Employment stayed bad, though. The economy turns long before hiring does
- No single trigger can be pinned to this day
- The index had been 14.3% below its peak in this 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.