Four A Level Accounting students have made over £20,000 on the stock market and now qualify for the semi finals coming 84th out of 8,750 teams.
Oliver Day-Hydes, Luke Scruby, Malachi Spink and Gabrielle Gillespie have been taking part in the ifs Student Investor Challenge. This is a national finance competition with students investing £100,000 of virtual money in stocks and shares using the London FTSE100 market in realtime.
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 Yr12 Accounting students dealing under the team name 'Justice Forever' 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.
Left to right in photo: Oliver Day-Hydes, Malachi Spink, Gabrielle Gillespie and Luke Scruby