Student generates Dhs125,000 'profit' in first week of DFM's online stock game

The game is witnessing fierce competition among students of colleges, universities and schools from across the UAE.

More than 1500 hundred students participated in the game, and almost 60% of the participants were female.

The participants came from 28 separate educational institutions, including institutions from outside the UAE such as Ahmed Bin Mohammed Al-Thani Independent and Al Bayan Educational Complex Secondary Stage, both from Qatar.

Mohannad al zubaidi of UAE University took first place by generating Dhs125,000 of virtual profit during the first week.

Yazen Assaad Sadaka from UAE University placed second with Dhs106,000 of profit, and Urooj Najeeb from Skyline College came a close third, with Dhs85,000 in profit.

Mubarak Al Doosari, General Coordinator, DFM Online Stock Game, said:

'The game reflects DFM's vision to be able to interact with students, educate them about proper investment strategies and teach them how to build a prosperous and healthy economy. The game is a unique interactive experience that helps students to develop their skills in investing. As part of the event, DFM has also conducted more than 50 training courses about the stock game involving many universities, colleges, and schools'.

Trading orders in the contest are processed and settled directly without brokerage firms.

Participants in the Online Stock Game have the opportunity to trade with a virtual amount of money of up to Dhs1m.