SYDNEY Nik Stauskas Jersey , June 5 (Xinhua) -- The Australian market finished lower on Monday, with financial stocks failing to recover from the morning sell off.

At the close of trade, the benchmark S&PASX 200 index was down 33.20 points or 0.57 percent at 5,754.90, while the broader All Ordinaries index fell 29.00 points of 0.50 percent at 5,792.10

"The financials held the market back today, Commsec market analyst Steven Daghlian told Xinhua on Monday.

"If you look else where it wasn't such a terrible day for other sectors, with energy, tech and gold stocks nudging higher."

The Commonwealth Bank fell 1.33 percent, Westpac Bank sank 1.80 percent, National Australia Bank lost 1.59 percent and ANZ slid 1.66 percent.

Rio Tinto was 1.31 percent lower, BHP plunged 1.70 percent, Fortescue Metals added 0.84 percent and Newcrest Mining gained 0.61 percent.

Woodside Petroleum slipped 0.34 percent, Santos was flat at 0.00 percent and Oil Search dipped 0.14 percent.

Wesfarmers dived 1.80 percent, while Woolworths was flat at 0.00 percent.

Telstra dipped 0.22 percent, Qantas dropped 1.55 percent, while CSL rose 0.19 percent.

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