Nikkei 225 Erases Losses From Before Lehman Collapse

Japan’s Nikkei 225 Stock Average (NKY) rose above the level on the last trading day before Lehman Brothers Holdings Inc. collapsed, after the yen slid to the lowest in 3 1/2 years against the dollar and data showed Japan’s economy returned to growth.

The Nikkei 225 gained 2 percent to 12,203.13 as of 11:12 a.m. in Tokyo, after climbing as high as 12,223.22. The measure closed at 12,214.76 on Sept. 12, 2008, before Lehman Brothers filed for bankruptcy.

To contact the reporters on this story: Yoshiaki Nohara in Tokyo at; Anna Kitanaka in Tokyo at

To contact the editor responsible for this story: Nick Gentle at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.