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Frankfurt / Main (dpa) - After the weak previous week, the Dax started trading solidly on Monday.

The leading index rose moderately by 0.19 percent to 15,289.40 points in early trading.

The back and forth of the past few weeks in the range between 15,000 points and the record of just over 15,500 points goes into the next round.

According to portfolio manager Thomas Altmann from QC Partners, investors continue to adopt a wait-and-see attitude.

"We are at the beginning of an exciting week on the stock market," said the expert.

He referred to the reporting season and the interest rate decision of the US Federal Reserve.

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The US stock exchanges strengthened on Friday after robust economic data - with a record high at least for the S&P 500 - gave the German stock market a limited amount of fresh momentum.

The MDax did a little better at the beginning of the week, the index with the medium-sized German stocks rose by 0.56 percent to 32,954.83 points.

The SDax small cap index even rose by 0.84 percent to a new record high.

The leading Eurozone index EuroStoxx 50 was only slightly in the plus.

On the corporate side, the week started relatively calmly, before numerous quarterly reports are due in both Europe and the USA.

The armaments company Hensoldt made headlines in particular because of the purchase of a block of shares by the Italian competitor Leonardo.

The shares of Hensoldt temporarily jumped up to a quarter in the pre-market period.

In Xetra trading, however, this was put into perspective to an increase of a good 5 percent to 16.40 euros.

For 25.1 percent of the shares, the buyer pays 23 euros each.

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In the case of Volkswagen shares, the good run since mid-March is drawing to a close for the time being, the price fell by 1.7 percent in early trading at the end of the Dax.

According to a trader, production problems are currently clouding the mood due to the prevailing semiconductor shortage.

There were significant price gains of 3.7 percent for the shares of Borussia Dortmund.

They were thus approaching the 6 euro mark, which was still too high a hurdle at the end of the day.

Formerly written off for the qualification for the Champions League, the football club in the Bundesliga can suddenly hope to participate in the European premier class again after a winning streak.

Otherwise, Vossloh shares continued their strong Friday with a plus of 2.1 percent.

Most recently, it was Deutsche Bank that was optimistic about the shares of the rail technology manufacturer, and Commerzbank followed suit at the start of the week with a buy recommendation.

In an initial assessment, analyst Frederick Wilkinson sees almost 20 percent room for improvement with a price target of 52 euros.

© dpa-infocom, dpa: 210426-99-355155 / 3