Two Victorian high school students took out top spot in the 2012 ASX Schools Sharemarket Game. During the Game Two period, from 26 July to 7 November, participants were given a hypothetical $50,000 to invest and first-hand experience of investing in the sharemarket.
Year 10 students Elmeera Bezheh and Andrew Robertson from Caulfield Grammar selected a portfolio of investments across a variety of sectors and emerged as the winners after growing their investment the most.
William Ambrose, a year eight student from Dalby High School in Queensland, finished in second place, while Joshua Lane claimed third place.
ASX CEO Elmer Funke Kupper said this year’s winners performed “exceptionally well to build profitable portfolios that beat the index performance”.
Game Two saw more favourable conditions than Game One, which was held over the first half of the year, with the index rising four per cent over the Game period, enabling 63 per cent of students to achieve a profitable portfolio.
A market dip in the last couple of weeks, however, shook up the rankings, while the takeover offer for Graincorp also helped some students to close the gap in the final stages.
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