Los Angeles - Japanese stocks rose in trading Tuesday (13 / 9) morning, helped stocks rebound several car makers, technology and resources.
The Nikkei Stock Average rose 0.4% to as low as 8561.18, while the Topix rose 0.2% to 742.61. Technology stocks rose as investors get back after heavy losses in previous sessions. Elpida Memory Inc. jumped 6.9%, up 0.7% NEC Corp., Renesas Electronics Corp. rose 2.2% and Advantest Corp. rose 2.2%.
Some auto stocks also rebounded, with Mitsubishi Motors Corp. rose 3.1%, and Honda Motor Co. rose 0.7%. Stake in Suzuki Motor Corp. gained 3.2% after Volkswagen said its partners would keep the agreement of both companies, after Suzuki had said it was ready to leave the treaty.
Toyota Motor Corp. fell 0.5% after Fitch downgraded the company's debt. The increase in some commodity prices helped shares of various resources, with Inpex Corp. jumped 2.5% and JFE Holdings Inc. rose 1.3%.
