Nikkei 225 in 1999

The Nikkei 225 rose 36.8% in 1999, from 13,842 at the end of 1998 to 18,934. Its highest close was 18,934 on Dec 30, and its lowest 13,233 on Jan 5. The biggest one-day fall was −3.4% on Sep 22 and the biggest rise +5.0% on Mar 5.

Change in 1999

+36.8%

13,842 → 18,934

High

18,934

Dec 30

Low

13,233

Jan 5

Up days

132 of 245

longest run 8 up, 5 down

Below record

-51.3%

at the end of 1999

Nikkei 225, daily closes 1999

Numbers mark the events below

Key Events in 1999

What happened, and how the Nikkei 225 moved — on the day (or the next trading day) and about a month later.

1
Friday, February 12

Bank of Japan adopts a zero interest rate policy, guiding the call rate as low as possible. Source

Nikkei 225: +0.2% that day · +11.0% a month later
2
Friday, March 5 From the data

Biggest one-day rise of the year: +5.0%.
3
Wednesday, September 22 From the data

Biggest one-day fall of the year: −3.4%.

Biggest days of 1999

Best days		Worst days
Mar 5	+5.0%	Sep 22	−3.4%
Mar 19	+4.2%	Mar 18	−3.4%
May 6	+3.6%	Mar 24	−3.1%
Apr 1	+3.1%	Jan 4	−3.1%
Oct 29	+3.0%	Jul 22	−2.9%

Volatility: 20.5% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	14,499	+4.7%	14,499	13,233
Feb	14,368	−0.9%	14,501	13,898
Mar	15,837	+10.2%	16,379	13,921
Apr	16,702	+5.5%	16,957	16,290
May	16,112	−3.5%	17,301	15,973
Jun	17,530	+8.8%	17,783	16,228
Jul	17,862	+1.9%	18,533	17,463
Aug	17,437	−2.4%	18,234	17,084
Sep	17,605	+1.0%	17,933	16,821
Oct	17,942	+1.9%	18,137	17,254
Nov	18,558	+3.4%	18,915	17,992
Dec	18,934	+2.0%	18,934	18,080

Other Markets in 1999

Change over the calendar year.

Market	Change	Year-end
Nikkei 225	+36.8%	18,934
Dow Jones Industrial Average in 1999	+25.2%	11,497.12
S&P 500 in 1999	+19.5%	1,469.25
Nasdaq Composite in 1999	+85.6%	4,069.31
Russell 2000 in 1999	+19.6%	504.75
Gold in 1999	+0.9%	$290.25
Silver in 1999	+6.4%	$5.33
WTI crude oil in 1999	+112.2%	$25.76
Brent crude oil in 1999	+136.5%	$24.93
US 10-year Treasury yield in 1999	+1.80 pp	6.45%

1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

Nikkei 225 in 1999: FAQ

How much did the Nikkei 225 rise in 1999?

What were the highest and lowest closes of the Nikkei 225 in 1999?

Highest: 18,934 on December 30, 1999. Lowest: 13,233 on January 5, 1999. It closed higher on 132 of 245 trading days.

What happened to the Nikkei 225 on February 12, 1999?

Bank of Japan adopts a zero interest rate policy, guiding the call rate as low as possible. The Nikkei 225 rose 0.2% that day, and was +11.0% a month later.

Data: Daily closes since Jan 1984 (Tokyo). Price index: dividends are not included. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.