Australia's S&P/ASX 200 index fell 0.7% to 8,359.40 points. It was the biggest decline since it fell 0.8% on November 13, and rose 0.3% on the previous trading day. Financial stocks led the decline today, with 5 out of 11 sectors falling. Of the 200 stocks, 91 fell and 94 rose. The Commonwealth Bank of Australia dropped 3.6%, which dragged down the index the most. Spark New Zealand Ltd. saw the biggest drop of 5.1%.

Australia's S&P/ASX 200 index fell 0.7% to 8,359.40 points. It was the biggest decline since it fell 0.8% on November 13, and rose 0.3% on the previous trading day. Financial stocks led the decline today, with 5 out of 11 sectors falling. Of the 200 stocks, 91 fell and 94 rose. The Commonwealth Bank of Australia dropped 3.6%, which dragged down the index the most. Spark New Zealand Ltd. saw the biggest drop of 5.1%.