Nikkei 225 · December 21, 2000

Back to the lows in three years

-3.53%

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 21 December 2000 the Nikkei 225 fell 3.53%
The year had been a slide since the April top, ending at the lowest level in three years
Year-end brings selling of losing positions, because it counts for tax
On top of the tech bust, bad loans at the banks were a live topic again
No single trigger can be pinned to this day
In this stretch the index was 31.21% below its peak

Sources

Dot-com bubble
Lost Decades

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.