LAHORE -The Lahore Stock Exchange (LSE) has launched the LSE Virtual Investment Competition - an online trading competition which simulates a real trading environment and allows participants to trade by using virtual amount of money. The virtual Investment Competition is open to the registered students only. This competition will be for thirty (30) days starting from today July 1st, 2014 till July 30th, 2014. The Lahore Stock Exchange is the only Exchange in Pakistan which has a regular Financial Literacy Programme. Under the initiative, LSE has joined hands with the South Asian Federation of Exchanges (SAFE) to provide basic financial knowledge to the students of all ages across the nation.
In sequel to the FLI programme, LSE has successfully introduced “Virtual Investment Competition” to lead the program to an advance level.
Speaking at the launch of Virtual Investment Competition, Aftab Ahmed Ch. stated that each participant of the competition will be allotted a virtual amount of Rs. 1 million to build an investment portfolio by investing the amount to buy and sell in different scrips during the period of 30-days. After due analysis and comparison of portfolios of each participant, the Exchange shall award cash prizes to top ten winners upon building the valuable portfolio.