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THIRD ANNUAL STOCK TRADING COMPETITION

   

SUNDAY, OCTOBER 8, 2017 – Student Association of Labuan Faculty of International Finance (PMFKAL) had organized 3rd Annual Stock Trading Competition 2017 at Multipurpose Lab in UMSKAL. It started at 9.00am with the explanation of rules and regulations for the competition by the Stock Trading Exco. The program director, Mr. Ho Kai Wen, who is a final year student of International Finance (HE19) had carried out the event by collaborating with the program coordinator, Miss Siti Nur Aqilah Ab. Wahab. The guests invited for the special event is the Dean of Labuan Faculty of International Finance, Associate Professor Dr. Hanudin bin Amin, Deputy Dean of Research and Innovation, Dr. Mohamad Rizal Bin Abdul Hamid, Deputy Dean of Student Affairs and Alumni, Dr. Mohd Fahmi Ghazali, and Head of Program HE19, Miss Minah Anak Japang.

Students from first year until third year in FKAL assisted the competition by playing the role as Head of Dealer, Head of Advisors and dealers, and participants as investors. There were 40 groups including 1 speculator group and 1 group from Labuan Matriculation College who took part in this competition, where each group consisted of 3 students. The participants were from different programs which are HE20, HE21 and HE22 included those from first year, second year and also final year student.

This programme aims to gather students from each programme to involve in stock trading competition, which will test their knowledge and experience in stock trading as well as analysing the news or current events that could have an impact on the environment and investment decisions. It will feature 30 selected companies (shares) listed in Bursa Malaysia and also International Markets. Share prices will vary for each scenario depend on the given event. 10 views scenario prices will be given during the sessions. Each team will be given a capital of RM 500, 000 to carry out transactions in the stock market. The winner will be based on the highest return on investment. Nevertheless, it is to expose students to the scope of a career in the investment as Remisier or Dealer Representative of participating organization of Bursa Malaysia.

The event was exciting and anxiousness because there were a total of 10 session where the time given for each session was 10 minutes for investors to buy and sell under certain guidelines by the organizer. The theme for the event was “Business Executives” and everyone who attended had dressed up profesionally, some with their blazers on. Some groups were disqualified throughout the sessions but their feedback is that they had fun and they hope the organizer, PMFKAL can carry out the similar event more often in the future.

Dr. Hanudin Amin officiated the event during the closing ceremony. The prizes given based on the higher Return On Investment (ROI). The champion with cash prize of RM 300 won by Three Musketeers team with the highest ROI of 3589.50%. Then, the 1st runner up with cash prizes of RM 200 won by Future Dealers team with the ROI of 1029.41%. After that, the 2nd runner up with cash prizes of RM 100 won by World Wide Tour team with the ROI of 633.66%. The fourth and fifth prizes with cash of RM50 won by Z.W team and Evil Genius team with ROI of 608.04% and 532.37% respectively.

The competition ended successfully around 2.00pm on the same day after the prize giving session and closing ceremony. This competition gets good response among students in UMSKAL and it is going to be organized on annual basis.

The Champion of 3rd Annual Stock Trading Competition 2017 with Dean of Labuan Faculty of International Finance, Associate Professor Dr. Hanudin bin Amin (second right) and programme director, Mr. Ho Kai Wen (first right).

The 1st runner up of 3rd Annual Stock Trading Competition 2017 with Deputy Dean of Student Affairs and Alumni, Dr. Mohd Fahmi Ghazali (second left) and programme director, Mr. Ho Kai Wen (first left).

The 2nd runner up of 3rd Annual Stock Trading Competition 2017 with Deputy Dean of Research and Innovation, Dr. Mohamad Rizal Bin Abdul Hamid (second left) and programme director, Mr. Ho Kai Wen (first left).

The 3rd runner up of 3rd Annual Stock Trading Competition 2017 with Head of Program HE19, Miss Minah Anak Japang (second left) and programme director, Mr. Ho Kai Wen (first left).

The 4th runner up of 3rd Annual Stock Trading Competition 2017 with program coordinator, Miss Siti Nur Aqilah Ab. Wahab (first right) and programme director, Mr. Ho Kai Wen (first left).