In regional economic news, the Chinese government released its latest CPI figures, which showed consumer prices rising 1.9% year-on-year in September.
The result was in line with analyst expectations and gives the government room to cut interest rates with less risk of causing an increase in prices. At home a majority of sectors finished above water, but losses in the materials sector stopped any overall market gains.
The big four banks were mostly stronger; NAB the best performer, adding 0.5%. Westpac was the only one of the group to not finish in positive territory, ending the session flat.
The mining majors were all weaker as commodities opened the new week in the red, BHP lost 0.6% whilst rival Rio Tinto was down 1%. The ASX 200 shed three points (-0.1%) to settle at 4483.