Investing.com - Shares in Japan rose Wednesday, continuing gains after rising 10% over the last four sessions, although investors continued to keep an eye on the effect of Bank of Japan's massive stimulus move on regional markets.
The Nikkei 225 rose 0.1%, its highest level in about seven years.
South Korea's Kospi gained 0.3% as heavyweight exporters continued to bleed losses amid worries that Japanese competitors would get price advantages from a weakened Japanese Yen.
Samsung Electronics Co (KS:005930) Co. and Hyundai Motor (KS:005380) Co. were down 2.2% and 2.9% respectively.
Australia's S&P/ASX 200 was down 0.6% on weakness in commodity prices.
Overnight, U.S. stocks ended mixed to lower after Saudi Arabia cut the price of oil its sends to the U.S., which battered energy equities, while uncertainty over the fate of Congress on election day sent investors jumping to the sidelines to await the outcome.
The Dow 30 rose 0.10%, the S&P 500 index fell 0.28%, while the NASDAQ Composite index fell 0.33%.
The Republican party was seen possibly taking control of the Senate, which would give it control over both houses of Congress, though uncertainty in Tuesday's tight race kept many investors on the sidelines, avoiding equities in the process.
On Wednesday, expect markets to move on U.S. service-sector data and on U.S. congressional election results.