Logo of Phnom Penh Post newspaper Phnom Penh Post - Trades pay off for uni students

Trades pay off for uni students

Trades pay off for uni students

Two Cambodian university students have taken second place in the finals of a regional stock trading competition.

The final of CIMB Bank’s ASEAN Stock Challenge was held at the Thailand Stock Exchange yesterday.

Team “Dark Rangers”, made up of Lymeng Chhim and Sovannarong Koek, two students from Zaman University in Phnom Penh clinched second place and walked away with an $8,000 cash prize.

“They beat teams from Singapore, Indonesia and Thailand even though it was the first time Cambodia had ever participated in the competition and despite the fact that Cambodia’s stock market is new and not very active,” Soleak Seang, spokesman for CIMB Bank in Cambodia said via email.

The CIMB ASEAN Stock Challenge is a cross-border stock trading simulation platform, which gives students the opportunity to wager pretend funds on Asean securities and financial markets.

Chhim and Koek beat 31 teams to win the Cambodia national round of the stock challenge in December. The duo turned their $80,000 of false funds into $151,000, a capital increase of 90 per cent.

MOST VIEWED

  • CNRP supporters rally in the streets of Tokyo

    Supporters of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) on Monday rallied on the streets of Tokyo, demanding Prime Minister Hun Sen’s resignation and urging the Japanese government to “save democracy in the Kingdom”. Some 400 protesters in the rally, which was organised by

  • Over 100 Chinese nationals to be deported for online scam

    The Ministry of Interior is planning to deport 128 Chinese nationals after they were arrested in Preah Sihanouk province on Wednesday for their alleged involvement in an online money extortion scam. Y Sokhy, the head of the Department of Counter-terrorism and Transnational Crime, told The Post

  • LPG gas explosion injures 13 people, including foreigners, in Siem Reap

    An explosion on Wednesday at a liquid petroleum gas (LPG) car and tuk-tuk refuelling station in Siem Reap city has left 13 people, including an American and a Briton, suffering burns. The seven most severely burned, including a provincial police officer, were sent to a Thai

  • The French mother navigating the capital in her own personal tuk-tuk

    French woman Cecile Dahome gracefully manoeuvres her tuk-tuk through the manic streets of Phnom Penh with the precision of a Japanese katana before a herd of motorcyclists, attempting to perform illegal U-turns, cuts her off. The riders, like baby ducklings following their mother’s tracks,