People stand by an electronic stock board of a securities firm in Tokyo, on Oct. 18, 2021. (AP Photo/Koji Sasahara)

       TOKYO (Kyodo) -- Tokyo stocks fell Monday as investors exercised caution over chasing the upside from the Nikkei index's rise to a two-week high and sustained concerns over the impact of a rise in oil prices on input costs for businesses.

       The 225-issue Nikkei Stock Average ended down 43.17 points, or 0.15 percent, from Friday at 29,025.46. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 4.70 points, or 0.23 percent, lower at 2,019.23.

       Decliners were led by pharmaceutical, farm and fishery, and precision instrument issues.

       The U.S. dollar was steady in the lower 114 yen zone after rising to a three-year high of 114.47 yen Friday in New York, as the buying of the yen as a safe asset on China's weaker-than-expected July-September gross domestic product released the same day proved short-lived.

       At 5 p.m., the dollar fetched 114.29-30 yen compared with 114.20-30 yen in New York and 114.09-10 yen in Tokyo at 5 p.m. Friday.

       The euro was quoted at $1.1592-1593 and 132.49-53 yen against $1.1593-1603 and 132.50-60 yen in New York and $1.1611-1613 and 132.47-51 yen in Tokyo late Friday afternoon.

       The yield on the benchmark 10-year Japanese government rose 0.015 percentage point from Friday's close to 0.090 percent as the debt was sold tracking declines in the U.S. Treasury market late last week, dealers said.

       The Nikkei gained a total of nearly 1,000 points in just two trading days through Friday to end last week at its highest closing since Sept. 30 and above the 29,000 milestone.

       "Many investors aim to secure profits when the Nikkei moves above the 29,000 line," said Yutaka Miura, senior technical analyst at Mizuho Securities Co.

       "Concerns over rising oil prices and the full-year earnings outlook from domestic companies also weighed on the market," he added.

       Oil prices maintained their upward trend, with benchmark West Texas Intermediate crude futures extending gains in after-hours trading following a rise to a seven-year high Friday in New York. Higher oil prices raise corporate input costs, squeezing profits and dampening the pace of the global economic recovery.

       Prime Minister Fumio Kishida said Monday after an emergency meeting of Cabinet members that Japan is keeping an eye on the recent surge in oil prices and will urge major producers to boost output to quell concerns of a supply deficit.

       Investors are closely watching the impact on Japanese companies when they release their earnings for the April-September period later this month, brokers said.

       On the First Section, advancing issues outnumbered decliners 1,124 to 985, while 75 ended unchanged.

       Some electronic component makers and chip-related issues, which had gained notably, were mostly lower. Industrial robot producer Yaskawa Electric slid 100 yen, or 1.9 percent, to 5,040 yen while chip equipment maker Screen Holdings shed 70 yen, or 0.7 percent, to 9,330 yen.

       Airlines took a hit amid ongoing concerns that higher crude oil prices could raise their fuel costs. Japan Airlines dropped 6 yen or 0.2 percent to 2,493. ANA Holdings was down 6.5 yen or 0.2 percent at 2,718.5 yen.

       Trading volume on the main section dropped to 1,084.98 million shares from Friday's 1,143.20 million shares.

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