The Nikkei Stock Average Volatility Index (Nikkei VI) fell 3.79 from the previous day to 34.46 on the 26th. Although Nikkei 225 futures opened lower, downside support emerged after trading began. Concern over rising volatility did not spread, and the Nikkei VI traded below its previous level before extending its decline again toward the close.
The Nikkei VI fell 3.79 from the previous day, or 9.91%, to 34.46 on the 26th, indicating a decline in the gauge of the volatility outlook. The Nikkei VI reached a high of 38.46 and a low of 34.46.
Nikkei 225 futures opened lower today as Dow futures fell sharply in US trading. In overseas markets, crude oil futures rose and US long-term interest rates remained firm.
However, after trading began, the firm downside in Nikkei 225 futures prevented concern over rising volatility from spreading, and the Nikkei VI traded below last weekend's level.
The Nikkei VI's decline widened toward the end of trading.