March 23rd, 2011 
admin LOS ANGELES (MarketWatch) — Japanese shares staged a volatile open early Thursday, with trading houses and some resource shares higher on recent strength in commodity prices, but with weak auto stocks limiting gains on concern about parts shortages and other production hits from the March 11 earthquake. The Nikkei Stock Average rose 0.3% to 9,474.9, but the Topix was almost flat at 860.78. Trading houses extended their recent gains, as Mitsui & Co. rose 0.5%, and Itochu Corp. was up 1.1%. Other advancers included telecom and Internet firm KDDI Corp. , rising 1.2%, and Sumitomo Metal Industries Ltd. adding 0.6%. But auto shares retreated, with Toyota Motor Corp. down 0.6%, Subaru maker Fuji Heavy Industries Ltd. off 1.1%, Nissan Motor Co. falling 2.1%, and Mazda Motor Corp. lower by 1.1%.
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