Australian stock market falls dragged down by financial stocks

The S&P/ASX 200 index fell 0.1% to 8,871.30 points, with the financial sector leading the market decline. The Commonwealth Bank of Australia was the biggest drag on the index, with analysts noting that while the company's full-year performance was largely in line with expectations, its structure was weaker than expected, causing the stock to drop by 4.2% at one point. The New Zealand S&P/NZX 50 index rose by 0.8% to 12,857.49 points.