HSIE Faculty – Luke Reynolds

HSIE Faculty – ASX Sharemarket Game

Over the past 10 weeks, students in Year 10 Commerce, Year 11-12 Business and Year 11-12 Economics participated in the ASX sharemarket game.

Students receive a virtual $50,000 they can invest over a 10 week period, in over 300 companies listed on the ASX. The prices students buy and sell at are the same prices as they would get in the live market. Orders to buy or sell shares could be placed at any time with those orders executed when the market opened each week day at 10.00 am.

Students could monitor the performance of their chosen share portfolio and were given the choice to take part as a group or individually.

The game taught students knowledge of the sharemarket, how economic and world events shape the value of shares and how to begin preparing to invest in the future.

Congratulations to the top performing students in each subject:

Year 10 Commerce – Sabrina Salem and Starla Abraham (portfolio valued at $53,439.15)

Year 11 Economics – Selena Contarino (portfolio valued at $57,111.99)

Year 12 Business – Dakota Strettles (portfolio valued at $58,124.53)

Year 12 Economics – Mia Rajkovic (portfolio valued at $51,739.66).

Each winner received a voucher to the School canteen.

This learning experience generated a large amount of curiosity and discussion in the share market in the classroom. Hopefully the sharemarket game inspired students to consider making their own long term investments.

Luke Reynolds, HSIE Faculty