Word: nikkei
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...Tokyo stock market's extraordinary rise: a strong yen, low interest rates and falling oil prices. Now that the Tokyo market is on a rocky slide, investors have labeled the culprits the Triple Demerits: a weakening yen, growing inflation and rising interest rates. The triple whammy has sent the Nikkei index down nearly 15% so far this year. In one session last week the index dived 1,569 points, or 4.5%, the biggest one-day loss since the 1987 crash. The index lurched up and down for the rest of the week, closing down 833 points...
...CAPTION: NIKKEI INDEX...
...election early last week, many investors hoped Tokyo's financial markets would celebrate. But the champagne corks never popped. Instead investors watched in distress as the Tokyo stock market suffered one of its biggest declines ever. Falling in four of the five daily sessions last week, the 225-issue Nikkei index plummeted more than 2,500 points, or nearly 7%. Approximately half of the drop occurred on Wednesday alone. The Nikkei closed at 35,890.97, the lowest level since last October...
...power dive came after Tokyo's Nikkei stock average tumbled 653.36 points, to 37,516.77, the steepest one-day drop in two years. Investors had barely calmed down from that fright when Washington reported that the U.S. index of wholesale prices jumped an unexpectedly high 0.7% in December...
Most Bullish Stock Market. Hardly daunted by such trifling matters as the 1987 crash, the Tokyo Stock Exchange zoomed to 38,040 points on the Nikkei average last week, a gain of 500% from the start of the decade. By comparison, Wall Street's Dow Jones average rose...