END-OF-DAY REPORT: Headline shares reversed early losses in a strong afternoon session to close modestly higher, investors spurred on by signs of rising US confidence and with volumes in London improving post-holiday. At the close of business, the FTSE100 was up 23.66 points at 5,225.22 with the FTSE250 ahead 45.24 points at 9,825.14 and the FTSE Smallcaps 15.86 points lower at 2,786.69.

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