Australian stocks fell for the third consecutive session on Wednesday amid pressure from iron ore miners amid falling Dalian prices, while a2 Milk boosted New Zealand stocks after a smaller dairy firm's upbeat quarterly report.
Iron ore-focused miners Fortescue Metals Group and Rio Tinto fell more than 5% and 3%, respectively, after steelmaking material prices in China fell more than 4%.
The ASX 200 index fell 0.1% to 7,272.5, with the country's two largest lenders down more than 1%.
Tier-two lender Bank of Queensland fell 4.3% after warnings that its margins would fall next year amid fierce competition and low interest rates.
Star Entertainment rebounded 6.5% in just two sessions after losing a quarter of its value amid concerns that governance concerns would lead to tighter regulatory scrutiny plaguing the industry, and particularly larger rival Crown Resorts.
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