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St Jago High wins JSE Stock Market game

Published:Friday | June 12, 2015 | 6:48 PM
Marlene Street Forrest, General Manager Jamaica Stock Exchange is flanked by first runner up Domar Blake (left) and the top student was Lando Graham (right), both from St. Jago High School.
Top performing students and their teachers flank Marlene Street Forrest, General Manager Jamaica Stock Exchange.
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The St Catherine-based St Jago High School has won the Jamaica Stock Exchange (JSE) Stock Market game for 2014/15.

The competition, developed in 2008, is aimed at promoting public understanding of the stock markets and the economy as well as to create awareness about the role of the stock market in Jamaica economic development.

Top-placed teams:
St. Jago High - winner
Calabar High - first runner up
Merl Grove High - second runner up.

Individual winners:
Lando Graham - St. Jago High - top student
Donald Lynder - Calabar High - second runner
Domar Blake - St. Jago High - first runner

General Manager of the Stock Exchange, Marlene Street Forrest, lauded the 47 participating schools this year and announced that the programme will be expanded next year.

"As a deliverable, we will be in at least 50 more schools by 2016," Street Forrest said.

She also reported that although the JSE market was down by 5.31 per cent at the end of December 2014 it rebounded to a record 22.15 per cent improvement in the main index at the end of the competition on April 30, 2015. 

"It is interesting to note that participants still saw good value in the market and when compared to the previous year 2013/14, all portfolio values (schools and individuals) saw an increase in excess of 300 per cent at its lowest point," she said.