Nikkei 225 · November 28, 2002
A lift going into year-end
+3.39%
single-day change vs previous close
Part of a longer stretch
The twenty-year low
midway through · 2002-05-23 → 2003-04-28, -36.49% over the whole period
What happened that day?
- November 28, 2002 — the Nikkei 225 rose 3.39% to 9,176.78. No single cause for the day could be pinned down
- Wall Street had been climbing all through November. Tokyo followed
- A softer yen helped too: fatter exporter earnings get priced first
- At home, putting public money into the banks was under discussion. When the bad loans would be cleared was the year's only question
- It was the second straight gain and the highest close since September 30 — the eighth largest one-day gain of the year
- From August 26 to the following March 11 the episode ran -21.90%. This rise sat inside it
- The low came the next spring
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 put together from the public record; where a specific source was consulted it is listed above.