Japanese stocks fell on Monday, slipping from an over one-year high hit in the previous session, as investors booked profits following an initial rally sparked by a preliminary trade deal between the United States and China.

At 0149 GMT, the Nikkei index was down 0.11 % at 23,995.97, with the industrial and healthcare sectors leading the declines. It is up 20.03% so far for the year.

U.S. Trade Representative Robert Lighthizer on Sunday said a so-called “phase one” deal was “totally done”, notwithstanding some needed revisions, adding that it would nearly double U.S. exports to China over the next two years.

Source: Reuters