Participants in the Sparkasse Göttingen stock exchange simulation game make considerable profits – the next round will take place in autumn

Participants in the Sparkasse Göttingen stock exchange simulation game make considerable profits – the next round will take place in autumn

The participants achieved considerable profits in the 40th stock market simulation game at Sparkasse Göttingen. Over 17 weeks, 251 participants in 119 teams worked on sustainable and fundamental investment strategies. In this turbulent stock market year, participants primarily relied on Amazon, Tesla, Apple, Adidas and Microsoft. A total of around 1.2 million virtual orders were completed with a total turnover of almost four billion euros.

The article shows that the stock market simulation game plays an important role in the financial education of young people. It becomes clear that participants invest in proven and stable companies even in uncertain times. The popularity of technology and e-commerce companies such as Amazon, Tesla and Apple is reflected in their investment strategies.

The effects of the stock market simulation game on the market or the financial sector are rather small. It is a virtual game primarily focused on promoting understanding of the stock market and financial planning. Nevertheless, participants' interest in certain companies and industries may indicate that they may experience greater demand in the future.

Source: According to a report by HNA