Nikkei 225 in 1987
The Nikkei 225 rose 14.6% in 1987, from 18,821 at the end of 1986 to 21,564. Its highest close was 26,646 on Oct 14 — a record that stood until April 7, 1988, and its lowest 18,544 on Jan 13. The biggest one-day fall was −14.9% on Oct 20 and the biggest rise +9.3% on Oct 21.
Nikkei 225, daily closes 1987
Numbers mark the events belowKey Events in 1987
What happened, and how the Nikkei 225 moved — on the day (or the next trading day) and about a month later.
- 1
Friday, January 16 From the dataNikkei 225 sets the first of 58 record closing highs this year, at 19,150.
- 2
Friday, January 30 From the dataNikkei 225 closes above 20,000 for the first time (20,048).
- 3
Monday, February 9NTT shares are listed on the Tokyo and other Japanese stock exchanges. SourceNikkei 225: +0.1% that day · +7.9% a month later
- 4
Sunday, February 22Major finance ministers sign the Louvre Accord to stabilize the dollar. SourceNikkei 225: −0.7% next trading day (Feb 23) · +7.5% a month later
- 5
Wednesday, October 14 From the dataLast record close of the year: 26,646.
- 6
Monday, October 19Black Monday: Dow falls 508 points (22.6%), its largest one-day percentage drop. SourceNikkei 225: −2.4% that day · −15.3% a month later
- 7
Tuesday, October 20Nikkei 225 falls 3,836 yen (14.9%), its largest single-day drop. SourceNikkei 225: −14.9% that day · −11.7% a month later
- 8
Wednesday, October 21 From the dataBiggest one-day rise of the year: +9.3%.
- 9
Wednesday, November 11 From the dataEnters a bear market: 20% below its peak of 26,646 (October 14, 1987). Bear market low: 21,037, 21.1% below the peak.
Biggest days of 1987
| Best days | Worst days | ||
|---|---|---|---|
| Oct 21 | +9.3% | Oct 20 | −14.9% |
| Nov 13 | +4.2% | Oct 23 | −4.9% |
| Jul 24 | +3.9% | Oct 26 | −4.3% |
| Oct 30 | +3.3% | Apr 27 | −3.9% |
| Sep 28 | +3.0% | Nov 10 | −3.3% |
Volatility: 26.8% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 20,048 | +6.5% |
| Feb | 20,422 | +1.9% |
| Mar | 21,567 | +5.6% |
| Apr | 23,275 | +7.9% |
| May | 24,772 | +6.4% |
| Jun | 24,176 | −2.4% |
| Jul | 24,488 | +1.3% |
| Aug | 26,029 | +6.3% |
| Sep | 26,011 | −0.1% |
| Oct | 22,765 | −12.5% |
| Nov | 22,687 | −0.3% |
| Dec | 21,564 | −4.9% |
Other Markets in 1987
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Nikkei 225 | +14.6% | 21,564 |
| Dow Jones Industrial Average in 1987 | +2.3% | 1,938.83 |
| S&P 500 in 1987 | +2.0% | 247.08 |
| Nasdaq Composite in 1987 | −5.2% | 330.50 |
| Gold in 1987 | +24.5% | $484.10 |
| Silver in 1987 | +26.9% | $6.70 |
| WTI crude oil in 1987 | −6.6% | $16.74 |
| US 10-year Treasury yield in 1987 | +1.60 pp | 8.83% |
Nikkei 225 in 1987: FAQ
How much did the Nikkei 225 rise in 1987?
The Nikkei 225 rose 14.6% in 1987, from 18,821 at the end of 1986 to 21,564. Its highest close was 26,646 on Oct 14 — a record that stood until April 7, 1988, and its lowest 18,544 on Jan 13. The biggest one-day fall was −14.9% on Oct 20 and the biggest rise +9.3% on Oct 21.
What were the highest and lowest closes of the Nikkei 225 in 1987?
Highest: 26,646 on October 14, 1987. Lowest: 18,544 on January 13, 1987. It closed higher on 141 of 247 trading days.
What happened to the Nikkei 225 on October 20, 1987?
Nikkei 225 falls 3,836 yen (14.9%), its largest single-day drop. The Nikkei 225 fell 14.9% that day, and was −11.7% a month later.
Did the Nikkei 225 reach a record high in 1987?
Yes — 58 record closing highs, the last at 26,646 on October 14, 1987.
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.
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For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026nikkei225in1987, author = {{Corgano}}, title = {Nikkei 225 in 1987}, howpublished = {\url{https://goldprice.corgano.com/market-history/nikkei-225/1987}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}