LIV-EX - MARKET UPDATE
Liv-ex 100 gains 1.05% in April
The Liv-ex Fine Wine 100 Index has closed April up 1.05%. It closed at 252.75 points, up 2.5 points on March. The index has now risen for five consecutive months and is up 6.78% from November when it closed at 236.71.
April saw some currency gyration with Sterling strengthening against the Euro from the beginning of the month. This appears to have subsided for now and Sterling is trading at 126.28 against the single currency. Market participants have also started to focus on the 2015 En Primeur releases which has so far seen prices released from a number of petit Chateaux and Sauternes.
It was also a positive month for the Liv-ex Fine Wine 50. The index closed April 1.17% higher at 283.72 points.
This month’s top movers table was led by DRC, Romanee Conti 2010 (WA 98) up 13.7% on March. The rest of the top five was dominated by First Growths with Mouton Rothschild 2010 (WA 97+) the top performer, up 4.7% on last month. Cheval Blanc 2010 (WA 100) saw the largest drop month-on-month.
