Tag Archives: Sharemarket Game

Here’s an update on Waverley Christian College’s progress in the ASX Sharemarket Game. The rankings listed below are  at the close of the market on 22 March, 2012. Looks like Green Snow Gum are going to be hard to beat!

The volitility of the sharemarket in the last week is  highlighted evidence of the ongoing “two-speed” economy in Australia. Investors hoping for growth stimulus in the form of a cash rate cut would have been disappointed by the RBA’s decision last week to leave the cash rate unchanged at 4.25%. A number of economists are forecasting at least one rate cut this year, pointing to below average consumer sentiment and business confidence, as well as lower than expected approvals for housing finance. In particular, poor consumer sentiment and increasing saving rates have seen earnings in the discretionary retail sector stagnate or drop. This has impacted the share price of companies such as David Jones, Myer and Billabong.

Below are the rankings for Waverley Christian College at the close of day prices for March 14, 2012.

Looks like the market is on the way up again after a few nervous jitters earlier in the week. Here are the raankings for Waverley Christian College at the close of trade on 8 March, 2012.

The Sharemarket is certainly in free fall at the moment. The impact of the global economy has taken it’s toll on the Australian sharemarket in recent days. Students who are playing the ASX Sharemarket Game are certainly feeling the effect of the depressed market at present. Here are the rankings at the close of trading on 7 March, 2012

The Australian sharemarket has suffered its worst day since June last year as renewed worries about the strength of the global economy wiped about $33 billion off the value of the market.

At the close, the benchmark S&P/ASX200 index was down 106.9 points, or 2.3 per cent, at 4600.4, while the broader All Ordinaries index slumped 105.4 points, or 2.2 per cent, at 4683.2.

The size of the retreat is the most since almost 3 per cent was lopped off the market’s value on June 7, 2010.

All sectors closed in the red today, but losses were biggest among financials, down 2.6 per cent, and materials, which lost 2.3 per cent. Energy stocks also dropped 2.2 per cent, while industrials were 2.3 per cent lower.

Read more from The Age:  http://www.theage.com.au/business/markets/billions-erased-in-markets-worst-day-in-a-year-20110602-1fhh0.html#ixzz1O6YOlGvl

Well done to everyone from WCC who participated in the ASX Sharemarket Game.

It has been difficult to increase portfolio values in this game. The sharemarket has been moving up and down quite considerably due to events such as the Japanese earthquake and tsunami, the Aussie dollar reaching record highs and a general uncertainty in the overall market.

In this Game

• The All Ordinaries (XAO) ended up down just one percent  over the Game period
• 25 per cent of players from WCC finished in profit (compared to 20% overall)
• The average portfolio value at WCC was $48,966.14 (compared to $49,050 overall)

The Sharemarket Game finished today and winners will be announced next week.

Click on ASX Rankings for the Top 100 players from Waverley Christian College as at the close of trading on Tuesday 10 May, 2011. This was the last time results were available before they were hidden by the ASX today.

After being down at the end of last week, the sharemarket made a strong comeback today with investors largely ignoring the detail in last night’s federal budget, and instead running with a solid lead from offshore markets. The All Ordinaries Index closed up 55 points to 4,858 and the ASX 200 gained just over 1.1 per cent to 4,780. (Read more from ABC News)

The top ten players at Waverley as of the close of trade on Tuesday are shown below. It will be interesting to see the final result after the market come back today.

We are now in the last few days of trading in the ASX Sharemarket Game. You do not have to cash in all of your shares on the final day if you do not want to, as it is the total portfolio value (cash plus shares) that syndicates are ranked on. You can continue trading right up until the market closes at 4pm on Wednesday, May 11. All the rankings will be hidden after the close of the Game so the ASX can finalise the winners. All will be revealed the following week on Thursday May 19.

The sharemarket has lost some ground this week after a weakening US dollar (after the killing of Osama bin Laden) and the anticipation of the Federal Budget on May 10.

As at the close of trade on Friday 6 May, it looks like Mr. Rouse has dropped to second place in the WCC rankings. However, there is another mystery teacher syndicate that has moved into first place at WCC.

As at the close of trading on Friday 29 April, 2011 the following players were in the Top 20 players at Waverley Christian College. There is just over one week of trading left, with the last day of trading on 11 May, 2011. See what you can do with your investment between now and when the game finishes.

The ASX Sharemarket Game wants to hear from you about your experience with the game. They want to know what you have learnt? What mistakes you have made? How did you get started? They will award a $30 gift voucher to the most helpful Game feedback received over the next fortnight. Plus, it will be published in the next newsletter, just like Ben from Waverley Christian College. This is what Ben wrote … This week’s feedback is from Ben from Waverley Christian College…” I have learnt that the sharemarket is a very complicated business, and that much planning and observation is involved. I have also learnt that stock prices do not behave the way I want them to. I have to plan, observe, and try to predict as to what will happen next. This is tricky as the company announcements can be cryptic and hard to understand, and the way they influence the price may vary. Also, global events can have different effects on different types of companies. As with the crisis in Japan with the nuclear reactors going into meltdown, Paladin Energy’s share price (PDN), which is primarily a uranium mining company, went down quite drastically…Other companies share prices went up, though. The media and people’s opinions affect the share price of different companies a lot. The way the media represents how being green is good for example affects companies like Gunns (GNS) that do logging or Macarthur Coal (MCC) which mines coal…”