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Nov 13 (Reuters) - Australian shares ended slightly weaker on Monday, led lower by financial stocks, as two of the nation's "Big Four" banks, Westpac WBC.AX and ANZ ANZ.AX , traded ex-dividend.
The S&P/ASX 200 index .AXJO fell 7.6 points or 0.1 percent to 6,021.8 at the close of trade.
Westpac Banking lost 2.3 percent and Australia and New Zealand Banking Group shed 2.7 percent with both banks touching their lowest in over one month.
Industrials were among the other losing stocks as toll road operator Transurban Group TCL.AX and Sydney Airport Holdings SYD.AX slid 1.6 percent and 1.1 percent, respectively.
Index losses were partially offset by material stocks, which rose on the back of strong iron ore and steel prices as output cuts in major Chinese steelmaking cities tightened supply. IRONORE/
Mining heavyweights Rio Tinto (LON:RIO) RIO.AX and BHP Billiton (LON:BLT) BHP.AX rose 1.1 percent and 0.8 percent apiece.
New Zealand's benchmark S&P/NZX 50 index .NZ50 snapped six straight losing sessions to end marginally higher.
The country's main index was up 2 points at 7976.43, with losses in technology stocks largely offset by gains in consumer staples.
Accounting software company Xero Ltd XRO.NZ weighed on the index, falling 4.2 percent and ended at its lowest in over one month.
Dairy firm a2 Milk Company Ltd ATM.NZ closed up nearly 4 percent and was the top gainer on the main index.