College pupils prove most savvy investors on JSE

2014-11-06 00:00

MARITZBURG College pupils proved to be the best investors this year at the annual Johannesburg Stock Exchange (JSE) investment challenge in Johannesburg.

Team “Super Traders 2.0”, led by Mohamed Asmall, came first for the “spectacular portfolio”, winning R25 000 for their school.

The “Master Investors”, led by Zafar Moosa, were placed second in the income portfolio category. They walked away with R14 250 for their school.

The “College Traders”, headed by Rajvir Rajaram, were placed fifth in the equity portfolio, winning their school a cool R4 000.

Ten thousand teams from schools countrywide took part in the competition.

The JSE invites schools to embark on this challenge for six months of the year.

Maritzburg College marketing spokesperson Carol de Matteis said the school has consistently come out in the top five for the past seven years.

This year was the first time that three teams from the school were placed in the top five, as well as one team winning a category, she said.

The leader of “Super Traders 2.0”, Mohamed, said research and commitment is vital when embarking on the JSE Investment Challenge.

“It is important to have knowledge of the company that you are interested in investing with,” he said.

Giving tips to win the competition, Asmall said: “Make sure that you are always updated about current affairs and the JSE market.”


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