Accounting, Business and Economics at St. Gerald’s College
The winner of this module’s stock competition for the 4A6 class is Kenneth Neary. Kenneth made a profit of €9,813.93 from the four stocks in his portfolio. Again, this is an excellent return of 9.8% in a short period of time and taking into account the current volatility in stock markets. Kenneth selected the following stocks for his portfolio:
Well done to Brian Byrne on winning the 4A3 Stock Competition. His winning portfolio showed a return of €7,335.14 in just over two weeks - a great return given the current stock market performance. Over 80% of students that entered the competition made a profit.
How the competition works:
Students were given €100,000 to invest in shares on any stock market. The portfolio could only contain a maximum of five stocks and a minimum of three. The maximum investment per stock was €40,000 and the minimum per stock was €5,000. Exchange rates were fixed for the duration of the competition and no trading of shares was allowed during the competition.
The winner of the 4A6 Stock Competition will be declared on Wednesday May 21st.
The winner of the 4A3 Stock Market competition is Darragh Howley. A return of 10.72% in less than one month certainly beats the market.
Congratulations to Philip Redmond who won the stock competition in 4A6. His total profit was €10,069 in four weeks. A very good return and all down to one stock he picked in his portfolio.
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