Nikkei 225 · August 12, 2025
The Nikkei's rebound after the tariff pause
+37.20%
trough back to the old high
86 trading days · 2025-04-07 → 2025-08-12
this undid the slide that began 2024-07-11
What happened that day?
- From the 7 April 2025 low to 12 August the Nikkei 225 rose 37.2% — 86 trading days
- It undid the decline that had run since the July 2024 peak — the carry unwind, then the tariff shock
- The starting point was the tariff pause taking the worst case off the table
- Japan's exports lean heavily on cars and machinery, so it responded strongly to tariff relief
- The yen weakening again improved the profit outlook for exporters and helped the climb
- The old high returned on 12 August
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.