The Nikkei Stock Average VI declined through the afternoon, but the Nikkei 225 futures remained capped on the upside, and easing in caution was limited. The Nikkei VI stood at 30.63 as of 14:05, down 0.43 from the previous day, with a high of 31.17 and a low of 29.84.
Tokyo trading opened under selling pressure today following declines in U.S. stocks, although the Nikkei 225 futures briefly turned higher. They subsequently fell again, however, and remained under pressure on the upside. As a result, the mood of caution over rising volatility eased only slightly, while the decline in the Nikkei VI also narrowed.
The Nikkei Stock Average VI is an index showing the magnitude of fluctuations in the Nikkei Stock Average over the coming month. It tends to rise sharply when stocks plunge and generally has an inverse correlation with share prices. The current movement suggests that uncertainty across the market has not been completely dispelled, against a backdrop of concerns including a slowdown in AI development and higher crude oil prices.
As an additional development today, the Nikkei 225 futures briefly rose after trading began, but a renewed downward trend subsequently prevailed, limiting the narrowing of the Nikkei VI's afternoon decline. Future volatility trends will remain a focus depending on developments in related markets.