Mount Saint Agnes Academy’s Royale Spenders team topped the KPMG Senior School Investment Challenge in February, making a profit of $11,424.08.

They rose to glory in this round after previously being in fifth place.

Previous leaders Somersfield Academy plummeted to 19th place with a loss of $8,401.24.

The Bermuda Institute’s Cashflows team held second ranking this month after making a profit of $10,340.81. They were previously in fifth position.

Somersfield Academy’s RiskyBusiness SA were third after growing their initial investment by $7,512.28, rising up from sixth place.

The annual competition gives high school students across the island a virtual $100,000 to invest in a pretend stock market that closely mirrors the real one.

In the competition’s 21st year, student investors have seen many quick shifts, with teams being on top one week and near the bottom the next.

The programme is designed to provide hands-on experience with the stock market, finance and accounting.

Participants are vying for a chance to win $10,000 for their school, as well as other prizes.

The overall winners will be announced in a ceremony in May.