Global stocks rose on Wednesday with the DOW Jones and S&P 500 advancing to new records as a consequence of U.S. mid-term election results and the as the Republican Party won control of the Senate and a stronger-than-expected report on the labour market, giving hope that Friday's payroll report will give further positive momentum to the market. Rising oil prices helped gains in the energy sector. The DOW Jones Index closed at 17,484.53 points, a plus of 0.58%, the S&P 500 at 2,023.57, a plus of +0.57%. Only the NASDAQ Composite index closed lower due to weak earnings reports with a loss of -0.06%.

Hong Kong's Hang Seng lost -0.30% closing at 23,649.31, China's Shanghai Composite rose 0.27% to 2,425.81 and Japan's Nikkei declined -0.86% to 16,792.48 after investors taking profits after recent gains.