Taking stock of the share index

Whitley Bay High School students Dan Robertson, Jedd Burrough, Lucy Sherburn and Robbie Potter.

Whitley Bay High School students Dan Robertson, Jedd Burrough, Lucy Sherburn and Robbie Potter.

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A group of students are preparing for the semi-finals of a national investment competition after out-performing the FTSE 100 share index.

The Whitley Bay High School pupils beat the professionals and more than 30,000 other students around the country in the ifs Student Investor Challenge.

Students Dan Robertson, Jedd Burrough, Lucy Sherburn and Robbie Potter made more than £25,000 dealing in virtual shares in just three short months of trading, and they will now represent their school at the semi-final in March.

And the winners of the national final in April can look forward to an all expenses paid educational trip to New York, and £2,000 for their school is up for grabs.

Ben Cox, teacher of business at Whitley Bay High, said: “It’s great to see the students following in the footsteps of last year’s successful investors who eventually finished third in the country.”

“There is clearly a talent for trading within the school and we hope that this year the students can trade their way right to the very top.”

Alison Pask, vice principal at ifs University College, said: “This competition gives students the opportunity to gain first-hand experience of making investment decisions, which will benefit them throughout their lives when making financial choices.

“It also introduces them to core concepts such as risk, reward and diversification. This is a real achievement and many congratulations go to the team from Whitley Bay.”