* KOSPI ends down 0.14 pct
* Economic uncertainty, earnings worries dampen sentiment
* Caution ahead of c.bank meeting, options expiries
By Hyunjoo Jin
SEOUL, Oct 9 (Reuters) - South Korean stocks pared earlygains to close slightly lower on Tuesday, with the benchmarkindex weighed down by heavyweights such as Samsung Electronics
and Hyundai Motor.
"The market remains lacklustre, as economic uncertaintypersists ahead of the Bank of Korea's interest rate decision andoptions expiries this week," Laurence Kim, an analyst at WooriInvestment & Securities said.
"There have been downward revisions of corporate earnings,which also weigh on the market," he said.
The Korea Composite Stock Price Index (KOSPI)
finished down 0.14 percent at 1,979.04 points.
Foreign investors resumed selling, although institutionalbuying lent support to the market.
Weighing on sentiment, euro-zone finance ministers saidSpain did not need a bailout because it was taking steps to putits finances in order. Expectations that Madrid would ask forfinancial aid have helped support equities and other riskyassets over the past several weeks.
South Korea's central bank promised last week to directpolicy at shoring up the sputtering economy, as a survey showedthe manufacturing sector shrank by the most in nearly fouryears, adding to expectations it will cut interest rates onThursday.
Shares in Samsung Electronics, South Korea's most valuablestock, eased 0.07 percent, second-ranked Hyundai Motor
extended losses for a fifth consecutive session,ending down 0.42 percent. Third-placed POSCOendeddown 0.14 percent.Move on day -0.14 percent12-month high 2,057.28 14 March 201212-month low 1,750.60 19 Dec 2011Change on yr +8.397 percentAll-time high 2,231.47 27 April 2011All-time low 93.10 6 January 1981
(Reporting by Hyunjoo Jin; Editing by Richard Pullin)
Keywords: MARKETS KOREA STOCKS/