WhyItDropped

Nikkei 225 · December 25, 2000

A bounce in the last week

+3.76%

single-day change vs previous close

Part of a longer stretch

The dot-com bust reaches Tokyo

near the end of it · 2000-04-12 → 2001-03-13, -43.27% over the whole period

What happened that day?

  • On 25 December 2000 the Nikkei 225 rose 3.76%
  • It retraced the drop from four days earlier. Year-end trading is thin, which makes moves larger
  • Once the loss-taking selling is done, prices often rebound as a matter of course
  • No single trigger can be pinned to this day
  • In this stretch the index was 31.21% below its peak
  • 2000 closed sharply lower, and 2001 fell again

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.