Four A Level Accounting students have made over £100,000 on the stock market and now qualify for the semi-finals coming in the top 1% of teams out of over 10,700 teams.
Charlotte Pyther, Danny McAllister, Colby Hack and Lois Bradley have been taking part in thief’s Student Investor Challenge. This is a national finance competition with students investing virtual money in stocks and shares using the London FTSE100 market in real-time.
Mentoring the team was A Level Accounting teacher Paul Hinchcliffe - 'The competition has given the students a great insight into the world of trading on the stock market and a taste of a future career in trading'.
The group of Year 12 Accounting students trading under the team name 'Account_Ants' have been carefully studying the financial press and following the daily stock prices of their share portfolio to buy and sell shares over a 3 month period.
The team beat over 30,000 other students and were the top performing team in Suffolk. The semi-finals will now see the students being tested on their skills at predicting future stock prices over a one month period using financial data to make accurate predictions. The top two teams from Suffolk in the semi-finals will go onto the national finals in London, competing in a bid to win an all expenses trip to New York and £2,000 each.