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Market Update Analysis: 
December Trade Surplus Declines to 21%
Author: 123jump.com Staff
123jump.com
Last Update: 8:31 AM EST January 24 2008



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Stocks in Asia and Japan rebounded for the second day on the back of a rally in New York. Nikkei 225 surged 2.06% or 263.72 to 13,092.78. December trade surplus of Japan fell 21% to 888 billion yen compared to last year. For the year 2007 annual exports rose 11.6% and imports gained 8.6%. Trade surplus in 2007 rose 37% from year ago. Realty, banks, and export sensitive stocks gained for the second day in a row.

 

 

 

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