In the hallways at Gauldal High School in Trøndelag, students talk about Aksje-NM and shop during school hours.
Third graders Jonas Tronsaune (18) and Johanne Engesmo (17) find it exciting to learn through the Stock National Championship.
They knew little about the stock market before, and in addition they thought it “a bit funny” with knives in and between classrooms, and among teachers who also put strong men in competition.
When the students were asked if they had a specific strategy in the game, the students answered:
– No, I don’t have a particular strategy and it’s mostly just guesswork if I don’t have clear information beforehand. But I tend to read E24 and Stock life Before the stock market opens, Tronson says.
– I actually bought mostly from big, safe companies. I started really poorly, but then sold most of the shares I owned and bought more safe stocks, Ingsmo says.
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Its portfolio consists of heavyweights such as Equinor, Norsk Hydro, Aker BP and Schibsted. At the close on Friday, it had a return of 5.06 percent.
Meanwhile, the Tronsaune portfolio is minus 0.66 percent. It has opted for more diversification, with stocks such as Frontline, Nordic Semiconductor, Vår Energi, Smartcraft and Havila.
His favorite is Trondheim-based Nordic Semiconductor, which produces computer chips, while Johann’s favorite is Norsk Hydro, which holds the largest number of shares.
– Do you want to try yourself “in reality”?
Some days I really want to, and other days I don’t, says Tronson.
— but there is clearly great potential out there, he adds.
“It’s a little scary that it can change so quickly,” Ingsmo concludes.
At the school, they have daily and weekly updates on the attitudes of students and staff at Aksje-NM on their information boards. In addition to the official prizes for the game, schools also organize their own prizes from the canteen.
The school’s lecturer and co-participant, Per Kristian Ørke, says many students trade stocks during school hours.
– You have to work between half past nine, and do some movements in between. Teachers show their understanding and often give students a few minutes to buy and trade shares in the game, he says.
Tommy Fredriksen Skålvik is a lecturer and communication tutor for class 3PBA, which on Friday at closing had a return of 0.56 percent and is third in the Student League.
He likes to start his lessons by doing a status check on the students’ performance in the game.
For Skålvik and Ørke, it was important to introduce all students in schools to join Aksje-NM, not just those with a particular interest in finance.
We believe the stock market is equally suitable for everyone and is something everyone should care about, says Orek.
– We have a desire for scholastic specialization to make teaching more practical, and the solution with Aksje-NM is very useful for us. Skålvik says it’s easy to use and enables students to test theory in action.
They say that through Aksje-NM, students are becoming more interested in the news and what is happening in the community.
– Last week when salmon stocks fell, students got involved and found out through posts what happened at the social science level, says Orek.
Sunday is the deadline to join Aksje-NM 2022. Register here.
E24 is a subsidiary of the Schibsted Group. Some E24 journalists sign up for Schibsted by participating in the group’s stock savings program.
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