Despite falling stock value, a Warwick Academy team remains in the lead for the second round of the KPMG Senior School Investment Challenge.

Warwick Academy’s The Moral Hazards team stock decreased by 8.5 per cent from $130,071.98 to $119,071.98 this month, but held their ground at the top of the leaderboard.

CedarBridge Academy’s Titanium team rose from fifth to second place with stock valued at $110,884.12, a profit of $4,721.89.

Saltus’ The Saints rose from fourth to third ranking with $108,596.61, an improvement of $2,385.37.

Meanwhile last month’s second ranked team, Mount Saint Agnes’ Trust Me Bro Investments, dropped to seventh place with a loss of $10,713.

This is the 20th anniversary of the competition in which secondary school students from across the island invest a virtual $100,000 in a pretend stock market that closely follows the real one. Teams are ranked by how much they net with their mock investments, trading over six months of pretend trading.

Eighteen schools are taking part this year with some schools, such as Warwick Academy, providing multiple teams. When the challenge ends next April, the winning team will win $10,000 for their school.

KPMG’s aim is to introduce more young people to the wonders of stock market investment and show its career potential.

For this round, there were fewer trading days for the month to accommodate the Christmas holidays.