* Czech CB sees possible rate cut by end of year

* Poland's nationalists lose majority in election - final results

* Israeli shekel hovers near 4 to the dollar

* Country Garden's debt payment at end of grace period awaited

* EM stocks gain 0.5%, FX flat

Oct 17 (Reuters) - Equities in most emerging markets recovered on Tuesday from a near one-week low though caution lingered as investors awaited Country Garden's offshore debt repayment and kept an eye on geopolitical developments in the Middle East.

MSCI's gauge of emerging markets stocks advanced 0.5%, following dovish comments by U.S. policymaker Patrick Harker.

However, risky currencies were little changed against the dollar by 0910 GMT.

Investors have been on edge since the beginning of the Middle East conflict and are worried about its impact on crude supplies, while also keeping an eye on the U.S. Federal Reserve's outlook for interest rates.

Israel's shekel slipped by 0.2% but stayed a nudge above the psychologically key level of four per U.S. dollar on worries that Israel's war with the Palestinian militant group Hamas could spread to the rest of the region.

Focus is also on China's Country Garden where the property developer's entire offshore debt will be deemed to be in default if it fails to make a $15 million coupon payment following the end of a 30-day grace period.

Hong Kong-listed property stocks closed 0.4% up following a choppy session, while the yuan was little changed.

"China's wider property sector remains under pressure, with developers facing liquidity challenges amid still tepid property sales," UBS analysts wrote in a note.

"Beijing's selective stance reflects a desire to support homeowners rather than prop up developers with weak balance sheets or operating models."

In central and eastern Europe, Poland's zloty extended Monday's gains, up 0.3% against the euro as the final results of the national election showed the ruling Law and Justice (PiS) party leading, but short of a majority.

Hungary's forint added 0.2% as the country's top negotiator said it aims to conclude financing talks to potentially unlock EU funds by the end of November.

Czech's crown added 0.1% even after Governor Ales Michl said the central bank was leaving the door open to a potential interest rate cut by the end of the year amid cooling inflation.

Meanwhile, South Africa's rand weakened by 0.2% against the greenback ahead of a central bank monetary policy review.

Ghana's sovereign dollar bonds dropped nearly 3 cents following the government's presentation of debt rework scenarios to investors.

For GRAPHIC on emerging market FX performance in 2023, see http://tmsnrt.rs/2egbfVh For GRAPHIC on MSCI emerging index performance in 2023, see https://tmsnrt.rs/2OusNdX

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For CENTRAL EUROPE market report, see

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For RUSSIAN market report, see (Reporting by Johann M Cherian in Bengaluru, editing by Ed Osmond)