JSE Investment Challenge winners outperform all-share index by big margins

The 2022 competition attracted 24,000 participants, and for the first time in 50 years, all three winning teams traded single-stock futuresThe CHSWall Street team, from Claremont High School, walked away with the top prize in the high schools’ speculator category. Picture: SUPPLIED

This tremendous growth in participation has provided motivation for the JSE to expand the Investment ChallengeRalph Speirs, the CSI officer at the JSE, says he is impressed with the effort, dedication and enthusiasm learners and students demonstrated in developing competitive strategies to get ahead in the competition this year.

“Part of our strategy was taking advantage of when the share price dropped and making 56% profit from that,” says Siyamthanda. “Our risk management plan was our money. We bought as many companies as possible that would give us dividends; and that’s how we took first place.”

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JSE INVESTMENT CHALLENGE: Meet the school blazing a trail on financial literacy and entrepreneurshipMaths teacher Giba Mahlangu at Acudeo College Crystal Park has been providing students with valuable and practical extracurricular lessons on entrepreneurship, current affairs and economics. It’s already paying dividends. Wow; amazing work.
Source: dailymaverick - 🏆 3. / 84 Read more »

Hopes of dovish Fed boost Asian stocks as grain leapsGains in Hong Kong, Australia and South Korea push MSCI's index of Asia-Pacific shares outside Japan up, but Chinese stocks fall
Source: BDliveSA - 🏆 12. / 63 Read more »