West Africa Senior High School (WASS) has emerged the overall winners of the 2021 edition of Capital Market Quiz competition.
The Capital Market Quiz competition is an annual competition which seeks to promote capital market literacy among senior high school students in Ghana. The competition, since its inception, has impacted participating students with practical knowledge in the capital market and related activities. It is championed by the Young Investors Network (YIN) in collaboration with UMB Investment Holdings Limited.
Founder and President of the Young Investors Network, Mr. Joshua Mensah, in his remarks to participating schools, explained that the purpose of the Capital Market Quiz competition was to expose students to the makeup of Ghana’s capital market, and to propel them to familiarize themselves with its investing activities.
In attendance were representatives from the UMB Stockbrokers Limited, and speaking on behalf of the UMB, Miss Vincentia Narh-Saam, challenged students to appreciate the relevance of investing at a tender age and encouraged them to join the Save-a-Cedi-a-Day Challenge, an initiative rolled out by the Young Investors Network and the UMB Investment Holdings Limited to whip up the savings and investment culture among the youth.
The final stage of the contest featured Tema Methodist Day Senior High School, Accra Academy, West Africa Senior High School and the Presbyterian Boys’ Senior High School with a respective score of 82, 86.5, 89.5 and 89. WASS beat its closest contender and 2012 winners Presec-Legon, with a difference of point five to win the competition.
Meanwhile, all participants will receive investment accounts with UMB Investment Holdings, participate in the Global Stock Pitch Competition in the USA and mentorship and career guidance from ACCA as well as receive training from the Certified Young Investment Analysts.