KARACHI - A group of SMIU’s students of Business Administration won the first prize at SECP’s Interuniversity Stock Trading Competition, in which 32 universities of the country had participated.

The winner students were Hadeeqa Murad Bux (Group Leader), Mahnoor Pervaiz, Aafia Yousuf, Maliha Saleem, Naeem Uddin Buriro, and Muzaamil Ahmed, who participated in the competition under the guidance of Mr. Poorab Sarhan, lecturer of SMIU.  They achieved the success after months of planning, hard work and dedication. This involved research on the market, portfolio making, risk analysis and beta calculations. Students consulted professional traders in the market. Sikandar Javed’s consultation was of great importance to this project.

As part of the Jamapunji Investor Education Campaign, the SECP organised a three-month long inter-university mock trading competition for the finance and management students of universities of Pakistan. It started from October 2nd, 2017.

Nationwide, 32 universities participated in the competition which concluded on 29th December 2017.

Top three winning teams of the competition were awarded cash prizes of Rs.100, 000, Rs. 75,000 and Rs. 50,000 as first, second and third prizes, respectively. 

This competition was of immense importance to the students of university. Students not only learned a great deal about investing in capital markets in Pakistan but also were encouraged to keep investing and saving. More students at the University now are enthusiastic to learn trading the market.

On the other hand, Dr Muhammad Ali Shaikh, Vice Chancellor of SMIU has congratulated the winning students of SMIU and said that SMIU students will achieve more successes on national and international level, in the future.