Kianah was one of seventy two Mathematics and Commerce students at Byron Bay High School who traded shares during the recent ASX Schools Sharemarket Game. A total of 14 038 student syndicates and many more individual students across Australia participated in the Game that ended on October 28.
A number of other Byron Bay High School students also led the nation as share traders. Dembe Ryan in Year 10 ranked third in NSW and sixth in Australia, while other students ranked 33rd, 41st and 72nd in Australia.
Mr Dale Stevenson and Miss Claire McEwen jointly coordinated the running of the Game at Byron Bay High School. Mr Stevenson, a former securities dealer, provided classes for students to educate them about the share market and share trading strategies. From these classes, Kianah developed her own share trading strategy that proved to be a winning approach.
‘I selected stocks that would perform solidly during the global Covid shutdown environment. The importance of online platforms for business and IT services during this period was behind my choice of Wisetech, a global provider of logistics management platforms for businesses. It also led to my selection of Rea, which has a strong online real estate and finance presence in Australia and the Asian region. I purchased Qantas as it had been impacted by the travel shutdowns domestically and globally and would benefit from the reopening of travel. Finally I selected Woolworths as a solid staple stock. I chose to hold the same four shares for the entirety of the game due to their solid performance’.
Mr Stevenson stated that next year Byron Bay High School planned to significantly expand the participation of students in the ASX Schools Sharemarket Game. He affirmed that the school strongly believes that educating students about the financial markets and share trading is extremely important for their success in the modern world.