Tasya (front row, third left) and Amin (front row, third right) in a group photo with second and third place winners and guests.
KUCHING: A team of two students from Management and Science University (MSU) emerged as the national champion of the CIMB Asean Stock Challenge 2017 in Kuala Lumpur recently.
The duo forming Team TA comprises Natasya Syahirah Azman Azif and Ku Muhammad Amin Ku Khalif.
Tasya (the ‘T’ in the team name) and Amin (the ‘A’) are both students of the Bachelor in Investment Management (BIVM) programme at the Faculty of Business Management and Professional Studies (FBMP).
Team TA recorded over 79 per cent gain, besting ten other teams from a mix of public and private universities to claim the first prize of USD$800 and bragging rights home to MSU.
The CIMB Asean Stock Challenge is an annual competition inviting participation from undergraduates in the Asean region.
This year’s challenge presented USD$80mil in virtual investment capital for trading across the virtual floor of five major exchanges — Bursa Malaysia, Indonesia’s (IDX), Singapore’s (SGX), Thailand’s (SET), and Hong Kong’s (HKEx).
The competition involving real-time trading on virtual capital runs in two stages and this year’s edition introduced a mobile application.
In the national round, contestants pit acumen against market intelligence, challenging their knowledge and skills in strategic planning.
The final showdown will compete six regional teams from Malaysia, Indonesia, Singapore, Thailand, Cambodia and newcomer Brunei in a presentation of trading strategies to a panel of Asean judges.
At the prize-giving ceremony, Team TA emerged the winner twice over when they were announced the country’s representative to the finals.
Their trading strategy had ousted the other two in the top three vying for the honours in the second part of the national round.
Team TA will represent Malaysia at the grand finale in Jakarta, Indonesia in mid-January next year.