Stockholm/Oslo - A roller-coaster week for markets in the Nordic region drew to a close Friday with markets mainly flat.

The Stockholm bourse general index OMXS was on minus 0.5 per cent in late afternoon trading.

Telecommunications equipment maker Ericsson was up over 3.5 per cent as markets had assessed a third quarter report from mobile phone maker Sony Ericsson, the joint venture created with Sony of Japan.

Banking shares were off a few percentage points while clothes retailing giant Hennes & Mauritz was flat.

In Copenhagen, the OMX Copenhagen 20 gained over 4 per cent in early trading but had settled to 1 per cent in mid-afternoon with banking shares still in positive territory, while in Helsinki the OMXH25 was unchanged.

In Oslo, the index was on 1 per cent with gains for key shares like energy group Statoil Hydro, telecommunications group Telenor and banking group DnB NOR. (dpa)