LONDON - The UK's index of 100 leading shares pared losses in choppy trade to end the session flat as rising US stocks soothed a market fretting over interest rates.

The FTSE outperformed other European markets to close unchanged at 6,505.1, helped by oil stocks. The index finished down on the week by 171.6 points.ROUNDUP:EUROFIRSTEUROPE - European stocks inched lower, falling for a fifth consecutive day as worries over interest rates and rising bond yields lingered.

The pan-European FTSEurofirst 300 index closed down 0.09 percent, at 1,567.64. It spent most of the session in the red, before briefly turning positive after the opening bell on Wall Street.

The index finished the week down 3.6 percent, its worst week since a global sell-off in late February that was sparked by a surprise drop in Chinese stocks.ROUNDUP:EUROmarketsFRANKFURT - The DAX index ended at 7590.5 points, down 28.11 or 0.37 percent, losing 397.35 points in the week.

PARIS - The CAC-40 index closed at 5883.29 points, down 7.2 or 0.12 percent, dropping 284.86 points over the week.

ZURICH - The Swiss market index closed at 9150.69 points, down 1.39 or 0.02 percent on the day, and 380.77 down since last weekend.

MILAN - The All Share Mibtel index closed at 32584 points, down 189 or 0.58 percent on the day, and 1121 points lighter on the week.ROUNDUP:nikkeiTOKYO - The Nikkei lost 1.52 percent as concerns about rising interest rates hit property firms, often laden with debt, and Honda Motor and other exporters slipped after US and European stocks fell.

The Nikkei shed 274.29 points to close at 17,779.09, losing 179.79 points since June 1.ROUNDUP:hang sengHONG KONG - Hong Kong stocks fell 1.4 percent as a slide on Wall Street amid inflation and interest rate worries prompted investors to sell across the board, with rate-sensitive property stocks among the hardest hit.

The Hang Seng Index closed down 291.01 points at 20,509.15, a fall of 93.72 points over the week.ROUNDUP:asxSYDNEY - Australian shares dropped 1.3 percent as growing worries over higher interest rates worldwide hit financial stocks, while property firms fell on concerns a rate rise could dent the appeal of their dividend yields.

The S&P/ASX 200 index slid 79.4 points to a near six-week closing low of 6,231.7. The index has lost 101.8 points since last Friday.ROUNDUP:south africaJOHANNESBURG - South African stocks fell on concerns of rising global and domestic inflation that investors feared could drive interest rates higher and undermine corporate profitability.

The All-Share Index slid 1.35 percent or 385.09 points to close at 28,169.23 points, losing 773.55 points since last weekend. The All Gold index closed at 2581.12 points, down 74.99 or 2.82 percent on the day, and shedding 148.78 points over the week. The Industrial index closed at 19189.25 points, down 240.64.