Define: Nikkei Index

UK Accounting Glossary

Definition: Nikkei Index



Advertisement



Full Definition of Nikkei Index


The Nikkei Index is the leading stock index in Japan. It is often considered the Dow Jones Industrial Average of Japan; in fact, from 1975 to 1985 the Nikkei Index was known as the Nikkei Dow-Jones Stock Price Average The Nikkei Index includes some 225 Japanese blue-chip companies traded on the Tokyo Stock Exchange. Thus the Nikkei Index is also known as the Nikkei 225; more often, it is simply called “the Nikkei.” The Nikkei Index is designed to reflect the overall market, so there is no specific weighting of industries. Notably, the components of the Nikkei Index are reviewed annually, and any changes are announced at the beginning of October. The Nikkei Index has been calculated continuously since September 7, 1950; beginning in 1971, the Nikkei Index has been published by the Nihon Keizai Shinbun (Japan Economy Newspaper) Company. In the twentieth century, the Nikkei Index peaked at 38,915 on December 29, 1989, and then fell rapidly as the so-called Japanese bubble economy burst.


Advertisement




Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/nikkei-index/
Modern Language Association (MLA):
Nikkei Index. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. March 28, 2020 https://payrollheaven.com/define/nikkei-index/.
Chicago Manual of Style (CMS):
Nikkei Index. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/nikkei-index/ (accessed: March 28, 2020).
American Psychological Association (APA):
Nikkei Index. PayrollHeaven.com. Retrieved March 28, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/nikkei-index/

Definition Sources


Definitions for Nikkei Index are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 7th February 2020.