In the resource space, Rio Tinto fell 1.7% whilst BHP ended flat ahead of its results which were released after the bell.
Strong commodity prices helped the mining giant deliver an 86% surge in FY11 profit to US$23.6 billion.
WorleyParsons was bright spot in the energy sector (+10%) after forecasting a healthy FY12 result.
Also making reporting news was Qantas, which declined 1.3% despite its underlying result beating analyst estimates.
The ASX 200 slipped six points (-0.1%), closing at 4168.