Bursa Malaysia Announces Winners Of Bursa Inter-Varsity Stock Challenge 2022

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”), today announced the winners of the Bursa Inter-Varsity Stock Challenge 2022. The Bursa Inter-Varsity Stock Challenge is part of Bursa Malaysia’s on-going commitment to engage, educate, and empower a new generation of informed future investors.

The 3-month virtual stock trading competition using real time price feed is designed to challenge university students to build a share portfolio with the highest returns by deploying different investing principles and trading strategies. Students have an opportunity to gain practical experience to understand and learn the intricacies of trading on the stock market.

A total of 730 teams comprising of 1,185 university students had registered for the Bursa Inter- Varsity Stock Challenge 2022, representing the following universities:

1.           International Islamic University Malaysia (UIA)

2.           Multimedia University

3.           Taylor’s University

4.           Tunku Abdul Rahman University College

5.           University Malaya

6.           University Malaysia Kelantan

7.           University Sains Malaysia

8.           University Utara Malaysia

Each team was allocated a virtual startup capital of RM100,000 and were required to perform virtual trades using the simulator provided by N2N Connect Bhd and hosted on the Bursa Academy website. Guidance and mentoring was provided by the Bursa Inter-Varsity Stock Challenge partner brokers, namely AmInvestment Bank Berhad, CGS-CIMB Securities Sdn Bhd, Public Investment Bank Berhad, and RHB Investment Bank Berhad. The partner brokers provided participants with access to all relevant research reports and analytics, in addition to coaching the participants on trading strategies.

BISC 2022 was conducted in two phases:

1.   A 3-month long Trading Challenge Phase which commenced on 8 August 2022 and ended on 11 November 2022. During this time, participants traded the eligible listed securities based on real-time price feed in a simulated environment hosted on Bursa Malaysia’s Bursa Academy website.

2.   The Grand Finale, which was held on 30 November 2022 at Bursa Malaysia. In the Grand Finale, three top teams from each participating university presented their trading strategies used throughout the Trading Challenge Phase.

During the Trading Challenge Phase, a total of six prizes were awarded to teams with the highest portfolio value at the end of each fortnight. The winners are:

The top three teams at the Grand Finale of the Bursa Inter-Varsity Stock Challenge 2022 were Team Boomer from UM at third place winning RM5,000, Team Blazing Amber from USM at second place, winning RM10,000, and Team Golden Bulls from UUM at first place, winning RM15,000. All winnings were credited into the winners’ trading accounts with the brokers that had mentored them.

Following the success of the Bursa Inter-Varsity Stock Challenge 2022, Bursa Malaysia will continue to inspire young investors to begin learning about investing and entering the stock market in an informed manner. Based on the strong response, the Exchange plans to organise the Bursa Inter-Varsity Stock Challenge as an annual event. Interested parties and potential participants for similar events are encouraged to visit www.bursamalaysia.com for future announcements.