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Years 9 and 10 Commerce ASX Game
29.05.24
The Year 9 and Year 10 Commerce classes took part in Game 1 of the 2024 ASX Sharemarket Game, offering them a practical experience to deepen their understanding of the sharemarket.

The students learned the intricacies of buying and selling shares and tested various investment strategies.

Each syndicate was allocated $50,000 in virtual funds to build their investment portfolio over a span of 10 weeks. Using live market data, the students honed their market analysis and decision-making skills.

Throughout the game, syndicates traded shares from a selection of over 300 companies listed on the ASX, using real-time pricing. They also faced brokerage fees for each transaction, mirroring real-world trading conditions. The game further enriched the learning experience by incorporating 55 ETFs (exchange traded funds) and 5 LICs (listed investment companies), allowing for diversified investment strategies.

As they navigated the game, the students gained hands-on experience with the dynamics of risk-taking and managing the fluctuations of the investment landscape. Congratulations to all the participants for their involvement and the knowledge they gained.

 

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