Home » Headline
Posted on 15 March 2011 | 3,583 views

March 15 2011 Third Largest Fall in Nikkei History

The Nikkei 225 stock index closed down 10.55 percent on Tuesday March 15, 2011, recovering from deeper losses earlier in the session, as the nation grappled with a crisis at an earthquake-damaged nuclear power plant and the aftermath of last week’s earthquake and tsunami.

It was the third steepest percentage fall in the Nikkei’s history.

At one point, the Nikkei plunged more than 1,390 points, or more than 14 percent, nearing the worst-ever plunge on October 20, 1987 when the index closed down 17.5 percent with a loss of 3,835 points, after theĀ U.S. stock market crash on Black Monday and on October 16, 2008 when the Nikkei closed down 11.14 percent with a loss of 942 points, during the financial crisis.

The close at 8,605.15, combined with the 6.2 percent drop on Monday March 14, 2011, the first full trading day after the quake, marked a nearly 17 percent drop in two days.

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Technorati
  • Mixx
  • Pinterest
  • Google Plus
  • Reddit
  • BlinkList
  • Blogger
  • Tumblr
  • Digg


Tags: , , , , ,

Rate This Article!
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...Loading...

One Comment »

Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.

IMPORTANT! You need to solve the following simple math (so we know that you are a human) :-)

What is 10 + 5 ?
Please leave these two fields as-is:
CommentLuv badge

Incoming Search Terms!

nikkei 15th march 2011