Japan's Nikkei Stock Average rallied on Monday after Spain requested USD 126 billion loan from EU and China's exports grew double the pace expected. Nikkei 225 index surged 1.96% or 165.64 points and closed at 8,624.90. Sumco Corp rocketed 14.5% after reporting operating profit three times bigger than analysts' estimate. On the downside Olympus fell 4.1% after firm announced it is considering to sell stock in order to raise capital. Exporters Sharp and Canon gained 8.2% and 3.5% respectively.