The Nikkei 225 VI was up from the previous day at 14:10, rising to 31.19. Concerns over falling US stocks and a worsening external environment have heightened awareness of rising volatility.
The Nikkei 225 Volatility Index stood at 31.19 as of 14:10, up 1.41 from the previous day, or 4.73%, with an intraday high of 31.47 and low of 30.04.
Following declines in the three major US stock indexes in yesterday's session, selling prevailed in the Tokyo market, and Nikkei 225 futures have generally remained in negative territory since the start of trading.
In addition to falling stock prices, uncertainty over the outlook for Iran has come into focus. Crude oil futures prices and US long-term yields have firmed in overseas markets, raising concerns over a worsening external environment.
The Nikkei 225 VI is an index reflecting the market's expectations for the magnitude of future volatility, and it tends to rise sharply when the Nikkei 225 falls steeply.