1. Introduction
The Australian stock market has over 150 years of exchange experience, with regional markets dating back to the mid 1800s. This prior market experience created a platform for a national stock exchange to build upon, and with this, the Australian Securities Exchange or ASX was formed on 1 April 1987. The ASX provides a clear and regulated environment where companies and investors of all sizes can come together.
Nowadays the ASX is one of the leading financial markets. It consistently ranks in the top 20 exchanges globally and as of April 1 1987, the ASX is ranked 15th with Almost 2,200 companies and issuers are listed on the ASX. All companies listed on the ASX are divided two large categories known as resources and industrial.
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Resources includes minerals explorers and producers, and energy companies. Industrials covers all other streams including banking and insurance, telecommunications, information technology, media and transport companies. The ASX 200 contains the top 200 companies listed on the ASX based on float-adjustment market capitalisation. The ASX 200 is generally used as an indicator of investor sentiment and market confidence. Companies strive to be listed on the ASX 200 as it generates institutional interest and encourages investment. Overall the ASX 200 creates the benchmark for all companies listed on the ASX and is a large indicator of the market confidence at any given time. 2. Importance of ASX Sharemarket Game The ASX Schools Sharemarket Game is a virtual game where students receive $50,000 to invest in 200 companies listed on the ASX.
The prices students buy and sell are the same as companies listed on the ASX. The ASX Share Market Game provides students with a practical way to put their newfound knowledge of the sharemarket to the test. As a result of using the Sharemarket Game students will: develop their knowledge of the sharemarket, learn how to research companies, discover the importance of wise investment decisions and gain a greater knowledge of economic and world events. The ASX Share Market Game provides the closest share trading experience to the real ASX and proves to be the best educational share market …show more content…
experience. 3.
Background Information on WPL
Woodside Petroleum Limited or WPL is a global leader in upstream oil and gas. Woodside is the largest operator of oil and gas in Australia. It was incorporated on 26 July 1954 however was originally named Woodside (Lakes Entrance) Oil Co NL, taking its name from the small town of Woodside in Victoria. Woodside's humble beginnings didn't last long as the company was soon a multi-billion dollar business with mines located all over Australia. Woodside's three main competitors: Apache Corporation, BHP Billiton Limited and Santos limited, do not do not reach the size and economic value of Woodside Petroleum Limited.
4. Analysis of WPL's Financial Performance
Woodside has consistently been earned high profits over a number of years, this is shown in Figure 4.1. The consistency creates high investor confidence and ultimately brings in more investments. Woodside is expected to rise significantly in the near future due to a recent bid which boosted market confidence. Woodside is currently listed on the ASX 200 and has been a part of the ASX 200 for many years now. The dividends for Woodside are currently paying at 92.067c.
Figure 4.1: WPL Performance History
Source:
marketimdex.com.au 5. WPL Sharemarket Game Performance Woodside was one of the best performing companies during the September and October. At the time I invested in Woodside it was in an extreme low, however the share rose significantly and earned plenty of money over a short period of time. Although after the price started to drop again it would have been ideal to sell all shares in Woodside to maximise my profits. Even without selling the shares a significant profit was still made proving that Woodside was one of the best companies to invest in over the time period of the game. It earned a substantial amount of money over a short period of time as shown in Figure 5.1, which is ideal for the Sharemarket Game. Figure 5.1: WPL Price History Source: asx.com.au 6. Conclusion The Sharemarket Game taught a valuable lesson that no book could ever do. The hands on experience with the Sharemarket showed the importance of wise investment decisions and helped me gain a greater knowledge of economic and world events. Investing is an effective way of earning money. Investments in shares have become very popular because of the higher return rates compared to bonds and cash at bank. With these high return rates and a plethora of information helping people on what share to invest in, it is easy to see why investing in shares has become such a popular and effective way of making money.
The Montreal Stock Exchange was incorporated in the year 1874, but as early as 1832 a group of brokers met regularly to trade stocks within a coffee house which was later named the “Exchange Coffee House”. In 1863, a Board of Brokers was formed which soon grew into a regulated body with a membership subject to election. In 1974, The Montreal Stock Exchange merged with the Canadian Stock Exchange, and a year later becomes the first to sell stock options to Canada. The Montreal Stock Exchange in 1982 officially changes its name to Montréal Exchange in order to reflect the growing importance of financial instruments other than stocks which primarily include options and futures – on its trading floor. By 1986 the number of new listings at the MX
Right now, it is almost impossible for people to see how strong the international commodity markets are. Our parents and cousins and friends, everyone's ears are pinned to what goes on in the market every day of their lives. We need to start teaching more about stock market trading, and with this new expansion of knowledge, we will allow for the market to grow stronger and stronger, but at a steady pace.
We all hear the term “monopoly” before. If somebody doesn't apprehend a monopoly is outlined as “The exclusive possession or management of the provision or change a artifact or service.” but a natural monopoly could be a little totally different in which means from its counterpart. during this paper we'll be wanting into the question: whether or not the govt. ought to read telephones, cable, or broadcasting as natural monopolies or not; and may they be regulated or not?
Gambling is one of the biggest issue in society, particularly in Australia and many biggest country in the world. What is gambling? “Gambling is placing a wager or bet on the outcome of a future event with an unknown outcome” (healey, 2006, p.2,), Australia had many difference popular gambling that is lottery, gaming machine, casino, sport betting. Even worse, gambling will make other people addicted who already tried and got reward but an “unsuccessful gambling is very risk and will impact on career, family and often at a loss money and sleep” Many people who gamble excessively feel stressed, anxious and depressed, this can make sleeping, thinking and solving problem more difficult depression example: “think about suicide, lost interest in usual activity and lost interest in sex” (www.problemgambling.ca, 2014)
In the given course I am doing a comprehensive literature review of ‘cooperative game theory in the field of supply chain management.’ Cooperative game theory comes in nature when more than two parties in the supply chain network come together and form alliances to gain more payoffs as compared to what they were obtaining alone.
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“One of the very nice things about investing in the stock market is that you learn about all different aspects of the economy. It's your window into a very large world,” Ron Chernow once said. The stock market is undoubtedly an incredibly important economic feature, one that our modern world depends on. Indeed, the stock market is so integral to our life today that it can serve as a valuable tool where financial literacy is concerned. Two of the most important financial lessons that the stock market teaches are financial literacy terminology as well as a historical understanding of stock market institutions. The Stock Market Game simulation serves to teach these lessons in a secure environment, and
May 21, 2017 Reflective Essay Alex Skiles The purpose for this reflective essay is to inform you the reader as much as I can. On the stock market game I had in Econ in spring of 2017. One of my goals for the stock market game was to invest in at least two companies.
...sian markets through ICT ICT super regional strategy. Although the lens can be a little too ambitious, shareholder can sit and enjoy the slow-growing international income and profits. Dividends not any major bank ANZ Makes a phenomenal fully franked payment. At current prices, the performance is the goal of 5.1% if the shares are bought five or 10 years, the payment of dividends would be more like 8.5% more for postage. That's the beauty holding in shares of high yield long
We need to a continuous support for research on emerging challenges from gambling. In order to address the issue of gambling effectively through research, monitoring and evaluation we need to define and identify problem gamblers.
I became an enthusiast of finance ever since I was at high school. At the political economy class, my teacher asked us: if you have a million RMB, how would you use it? She then introduced us the concept of investment, and I was intrigued specifically by the stock. For the latter two years of my high school, I have been reading books and articles regarding the stock market in the U.S. and in China. As one of the outstanding students ranked top 1% in College Entrance Exam in Hainan Province, China, I was accepted by the City University of Hong Kong with a full scholarship. With the strong interest in finance, I chose quantitative finance and risk management as my major.
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