Financials led the losses on the index, with the 'Big Four' lenders shedding between 0.2 and 0.6 percent. Healthcare stocks also fell, with Ramsay Health Care Ltd and CSL Ltd sliding 1.1 percent and 0.5 percent, respectively.
Meanwhile, materials stocks lent support to the index, as heavyweights BHP Billiton and Rio Tinto Ltd gained 0.4 percent and 0.9 percent, respectively. New Zealand is closed for a public holiday, with the financial market reopening for trade on Wednesday.