* Energy stocks logs worst day in over 1-month

* Financials at a nearly 2-week high

* Q1 GDP data due on Wednesday

June 4 (Reuters) - Australian shares fell on Tuesday, led by losses in heavyweight mining and energy stocks on declining commodity prices, while investors waited for the country's gross domestic product (GDP) data due this week.

The S&P/ASX 200 benchmark index closed 0.3% lower at 7,737.1 points. The benchmark rose 0.8% on Monday.

Data on Tuesday showed that Australia's current account unexpectedly swung into deficit in the March quarter as imports jumped and prices for commodity exports fell. The economic growth data for the first quarter, due on Wednesday, is now on market participants' radar.

"There will be a lot of attention on the (GDP) data to see just how much the tight interest rate environment has hindered economic growth, particularly after the anaemic growth displayed at the end of 2023," said Tim Waterer, chief market analyst at KCM Trade.

Analysts estimate a growth of 0.2% in the March quarter, according to a Reuters poll, while annual growth is seen at 1.2%.

Miners retreated 0.9% as iron ore futures fell on near-term demand worries in top consumer China.

Majors BHP Group, Rio Tinto and Fortescue declined between 0.7% and 1.8%.

Energy stocks fell 1.6% in their worst session in over a month, as crude prices extended losses amid concerns of supply rising later this year while demand remains uncertain from the United States.

Woodside Energy and Santos lost 1.8% and 2.1%, respectively.

Meanwhile, financial stocks extended gains for the third session to rise 0.2% to a nearly two-week high. The "Big Four" banks added between 0.1% and 0.8%, respectively.

Gold stocks climbed 0.7% while tech stocks lost 0.7%.

Across the Tasman Sea, New Zealand's benchmark S&P/NZX 50 index inched higher to close at an over one-month high of 11,880.54 points.

Globally, traders are looking out for the monthly U.S. payroll figures due on Friday and the European Central Bank's policy decision on Thursday.

(Reporting by Sneha Kumar; Editing by Eileen Soreng)