Search
Close this search box.

William Knibb Memorial High School’s Historic Win of the Jamaica Stock Exchange Stock Market Game for High Schools

JSE Stock Market Game 2015-16 Awards Ceremony: L-R: Mr. Dwight Anderson, Teacher William Knibb Memorial High School; Ruel Maxwell, 3rd place – Calabar High School; Shanay Graham, 1st place – William Memorial High School; Christal Stewart, 2nd place – William Knibb memorial High; Mrs. Marlene Street Forrest, General Manager JSE and Dr. Andre Haughton, keynote speaker.

JSE Stock Market Game 2015-16 Awards Ceremony:  L-R: Mr. Dwight Anderson, Teacher William Knibb Memorial High School; Ruel Maxwell, 3rd place – Calabar High School; Shanay Graham, 1st place – William Memorial High School; Christal Stewart, 2nd place – William Knibb memorial High; Mrs. Marlene Street Forrest, General Manager JSE and Dr. Andre Haughton, keynote speaker.

William Knibb High School created history twice when it became the first rural school to win the Jamaica Stock Exchange (JSE) Stock Market Game for High Schools and also to have the first female winner.

The 2015-16 season started with a new trading platform for the students. This new trading platform was more in keeping with the JSE Online Trading platform in that all trades attract fees as well as General Consumption Tax. The idea was to make this simulation game’s functionality as close as possible to real trading. However, unlike previous years this year’s participants could only trade after the market has closed.

William Knibb High School’s pair of Shanay Graham and Christal Stewart stayed off challenges from five time winner, Calabar High and two time and defending champion, St. Jago High School.

Special commendation should be given to fourth and fifth placed schools, Holy Trinity and Innswood High Schools, respectively.

The Jamaica Stock Exchange’s Stock Market Game for High Schools just completed its eighth season with 40 schools participating, this season saw first time entrant namely; Vere Technical and the return of St. Andrew High for Girls.

This website based simulation game allows students to buy and sell stocks traded on the Jamaica Stock Exchange. Each participating school has two students who trade and compete against each other and students from other schools over a seven months period, from October to April each school year. Each student is given a portfolio with JA$100,000.00 virtual money to invest and the students with the highest portfolio value at the end of the period are declared the winners and the school with the highest aggregate is crowned the JSE School Champion.

In the overall school competition William Knibb High School placed first with an aggregate portfolio value $1.0 million, in second place was five time champion and first runner up last year is Calabar High with $353,057.00, in third place with a portfolio value of $295,091.92 is two time winner and defending campion St. Jago High, with Holy Trinity High School in fourth whose portfolio value stands at $248,158.00 and completing the top five schools is Innswood High with $231,556.00.

In the individual segment, William Knibb’s Shanay Graham placed first with a portfolio value of $555,168.00, her teammate Christal Stewart is second with $454,959.00 next is Calabar High School’s Ruel Maxwell and St. Jago High’s Donmar Blake with portfolio values of $284,348.00 and $168,383.00 for third and fourth respectively, and completing the top five students is St. Jago High’s Kimone Green with $126,708.72.

William Knibb High School teacher Mr. Dwight Anderson is pleased with the young ladies achievements, because they have worked hard and enjoyed participating in the game. He also said that the sweet teste of victory will be an incentive to defend their title.

JSE General Manager Mrs. Marlene Street Forrest says “I am extremely proud of the young ladies achievements as well and after a historic year for the JSE being named the number one performing stock exchange in the world in 2015 by Bloomberg it makes their achievements even more special”. Mrs. Forrest, also noted that more schools need to participate and expose their students to the market in a practical and engaging learning experience. She change teachers and principal to enter their schools to increase the number of participating schools to 60 for the 2016-17 season.