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12 November 2024 12h10
Source: Negócios

Stock market game: Weekly results. “Crypto rally takes top spot

Stock market game: Weekly results. “Crypto rally takes top spot

The first week of the Stock Market Game - which coincided with the US presidential elections - ended with cryptocurrencies in the spotlight. Among the leading players in the competition, ethereum (and also bitcoin, although to a lesser extent) are the most traded assets.



Trades



The player who closed the first week of the game in the lead participates under the name Buffett, in reference to the famous American investor known as the Oracle of Omaha. The virtual portfolio of 100,000 euros held by the investor increased to 271,349.88 euros, representing a rise of 171.35%.



This player's bet was on exposure to highly leveraged products, such as forex and CFDs. The most traded asset was ethereum, the second largest cryptocurrency on the market. This was also the case for the top four finishers. But bitcoin was also in the spotlight, having been the most traded by the fifth-placed player, as well as three other players in the top 10.



The table reflects the crypto rally that followed Donald Trump's victory in the US presidential election, which saw bitcoin surpass 83,000 dollars for the first time in history.



All participants have 100,000 fictitious euros at their disposal to invest in financial assets over four weeks, which can turn into real prizes.


 

To be eligible for the prizes, players must have, or have had during the course of the game, a portfolio made up of at least three asset classes (shares, ETFs, CFDs and Forex) and carry out at least one transaction with a minimum investment value of 15,000 euros in each of the three asset classes during the course of the competition. Prizes There are many prizes on offer. There will be a lot of competition, but in the end the effort will be rewarded. Find out what prizes we have for you in this edition of Jogo da Bolsa. The following prizes will be awarded for overall ranking
a) First place - A Radio Popular voucher for €2,000;
b) Second place - €1,000 Radio Popular voucher;
c) Third place - €500 Radio Popular voucher;



The following prizes will be awarded for the overall weekly ranking:
a) The competitor with the best results in the overall weekly classification (first, second, third and fourth) will be offered a Radio Popular voucher for €250;



For the university classification referred to in point 10.2, the following prizes will be awarded:
a) First place - A Radio Popular voucher for €1,000;
b) Second place - €500 Radio Popular voucher;
c) Third place - €250 Radio Popular voucher;


 

The following prizes will be awarded for the ISCTE Business School universe classification referred to in point 10.1:
a) First place: Internship at Banco Carregosa's Market Room, as provided for in point 12.10; 350€ Radio Popular card voucher;
b) Second place - Radio Popular voucher for €250;
c) Third place - €150 Radio Popular voucher;



Jogo da Bolsa November 4 to 29 The Jogo da Bolsa is already on the ground and ends on November 29. The various rankings will be published on weekdays on the website jogodabolsa.jornaldenegocios.pt and in the printed version of Jornal de Negócios. Until the end of the initiative, these rankings will always be provisional and may be subject to corrections.



Every day a provisional ranking of the Global Ranking, the University Ranking and the ISCTE Business School Universe Ranking is drawn up and published the following day in the printed newspaper. On Tuesdays, the weekly winner is announced. Jogo da Bolsa 2024 is a competition organized by Negócios in partnership with GoBulling and ISCTE Business School, with the support of Caldeirão de Bolsa.