The Nikkei VI edged higher. Alongside gains in the SOX, which contributed to the rise in U.S. stocks, and movements in Nikkei 225 futures, uncertainty over the situation in the Middle East continued to be viewed as a factor warranting caution.
As of 2:10 p.m., the Nikkei VI stood at 32.26, up 0.20 from the previous day, or 0.62%, marking a modest increase. The index reached a high of 32.62 and a low of 31.63 today.
U.S. stocks were mixed, but gains in the Nasdaq Composite and the SOX supported activity in the Tokyo market, while Nikkei 225 futures rose to start trading.
Market participants remained alert to uncertainty over the outlook for the situation in the Middle East, and the Nikkei VI continued to trade above the previous day's level today.
Overall, with the firmness of futures and elevated volatility in focus, cautious sentiment remains unlikely to ease.