44.9 Billion Won Traded Over Six Years... Surprise at Kim Suyong's Billion-Won Profit: "How Big Was the Seed Money?"

Kim Sooyong Reveals His Stock Account
211 Billion Won in Purchases, 239 Billion Won in Sales
Realized Profit at 112 Million Won

As the KOSPI surpassed the 7,000-point mark once again, broadcaster Kim Suyong drew attention by revealing his stock account. Although the total amount of stocks bought and sold over six years reached 44.9 billion won, the realized profit and loss displayed in the account was only 112 million won.

Comedian Kim Suyong. Kim Suyong YouTube

44.9 Billion Won Traded Over Six Years... Realized Profit and Loss: 112 Million Won

Recently on the Netflix variety show 'GaeMi Kim Wonhoon: The World of Stocks,' Kim Suyong revealed his stock account. From July 2020 to July this year, his cumulative purchase amount was about 21.1 billion won, and his cumulative sale amount was about 23.8 billion won. This figure represents the total amount traded through frequent buying and selling, but the 2.7 billion won difference between his sales and purchases does not represent his investment gains. The realized profit and loss separately displayed in his account was approximately 112 million won.

Kim Suyong stated that he has been investing in stocks since 1999 and primarily engages in short-term trades. He said that if a stock he bought continued to decline, he would sell it within a week, adding, "If it doesn’t work out, I have to sell immediately." Commenting on the recent stock market, he expressed concern, saying, "This is something I've never seen before. It's an unbelievable market."

Comedian Kim Suyong revealed his stock trading history. Screenshot from the Netflix variety show 'GaeMi Kim Wonhoon: The World of Stocks'

KOSPI at 7,000... Individuals Net Sellers for Four Consecutive Sessions

The KOSPI index shed its reputation as the 'perpetual boxpi' (meaning KOSPI stuck in a trading range) and surged sharply in the first half of this year. Individual investors who sold stocks during the earlier market rally generally realized profits.

According to an analysis of its clients published by Shinhan Investment & Securities in May, 80% of individual investors who sold domestic stocks in the first quarter of this year realized gains. The average realized gain among these profitable clients was 8.48 million won, while the remaining 20% realized an average loss of 4.96 million won. As the KOSPI set record highs and maintained its uptrend, analysis showed that individual investors secured profits by selling their stocks.

However, the KOSPI has recently fallen sharply from its annual high. It climbed as high as 9,385.59 during intraday trading on June 19, but closed at 7,080.92 on the last trading day before the Chuseok holiday, which was the 23rd. While the index rebounded over the past four sessions to regain the 7,000-point level, it remains about 24.6% lower than June’s intraday high.

In the KOSPI market on this day, individuals recorded a net sale of 1.4396 trillion won, marking four consecutive sessions of net selling. This is interpreted as profit-taking ahead of the Chuseok holiday. Institutions posted a net purchase of 316.9 billion won, while foreign investors net sold 504.7 billion won.

This content was produced with the assistance of AI translation services.