** Shares of Australia's Treasury Wine Estates TWE.AX extend losses to fall 4.2% to A$4.76, their lowest level since December 18

** TWE among top losers in the ASX 200 benchmark .AXJO

** Stock down 5.2% in the previous session after the Australian winemaker paused dividend and swung to A$649.4 million ($459.26 million) statutory loss for half-year period

** Treasury Wines had logged A$770.5 million impairment on its U.S. assets, somewhat higher than previously flagged

** Stock down ~9%, YTD

($1 = 1.4140 Australian dollars)

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.kumar@thomsonreuters.com;))