Star Student Fund Manager generates 130% fund growth in DFM's online stock game

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

Players were given a fantasy fund of AED1 million with which to build a portfolio of DFM listed securities. After one week, Sharjah University leads the field of 2700 students from 38 colleges and universities.

Osama Abdul Razak of Sharjah University came in the first position with portfolio growth of 130 per cent. Haitham Shahda of Sharjah University is second with growth of 69 per cent and Yousef Majid of Al Ofouq College is a close third, with growth 68 per cent. Shamsa Sultan, a student from the Technology College, Al Ain, is the leading female player with growth of 19 per cent.

After one week, some students are thrilled with their portfolio growth while others are trying to cut their losses. DFM is delighted with the high levels of involvement in the game. Students will experience first hand the merits of diversifying portfolios, understanding fundamentals and of taking a long-term perspective to investing.

The DFM's 'Online Stock Game' started on March 20, 2006 and will run till April 20, 2006. Winners will be selected based on the growth they generate during the game period.