Japanese Stocks Slip as Investors Take Profits After Record Highs

Tokyo: Japanese shares edged lower on Tuesday as investors moved to lock in profits following the market's recent rally, while higher oil prices also weighed on sentiment. The benchmark Nikkei index fell 0.3 percent to 64,937.89 points, retreating from the record closing high reached in the previous session. According to Qatar News Agency, on Monday, the index had surged 2.87 percent to close above the 65,000-point mark for the first time at 65,158.19. The broader Topix index also declined, slipping 0.08 percent to 3,945.64 points. Market analysts said the pullback reflected cautious trading after sharp gains in recent sessions, with investors also monitoring global energy prices and broader economic trends.