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Japan’s Nikkei Falls 4.2% to a Five-Month Low

The Nikkei Stock Average fell 4.2% to 60,454.75, with chip-related shares sharply lower. Kioxia Holdings dropped 14%, SoftBank Group fell 9.2% and Advantest declined 9.1%.

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0409 GMT - Japan's Nikkei Stock Average extends losses, hitting a five-month low as U.S. midterm election results roll on. Chip-related stocks are falling sharply. Kioxia Holdings is down 14%, SoftBank Group is 9.2% lower and Advantest is off 9.1%.

The Nikkei is 4.2% lower at 60454.75, leading decl…

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