Despite struggling to post positive returns in the first half of March, robust trade in the final weeks of the month saw the Liv-ex benchmarks push on into April. The Liv-ex Fine Wine 50 Index recovered its composure after a mid-month dip and closed the month at 441.34 – a change of 0.94 per cent on February.
After falling in tandem with the Liv-ex Fine Wine 50, the Liv-ex Claret Chip Index also landed in positive territory, finishing the month at 446.03. The index is up 1.48 points (or 0.33 per cent) month on month and 44.07 per cent year on year.
The Liv-ex Fine Wine Investables Index rose to 362.66 in the month to 31 March. The benchmark, which comprises the wines most commonly found in an investment portfolio, has gained 0.86 per cent month on month and 37.84 per cent year on year.
The Liv-ex Fine Wine 100 Index rose 0.44 per cent to 359.04 by month end. The index has increased by 34.26 per cent over the past year and is up 6.76 per cent year to date.
The Liv-ex Fine Wine 500 Index – which has the broadest base of all the Liv-ex indices – was less ruffled by mid-month price volatility and gained 2.61 per cent in March. The benchmark has risen 23.84 per cent year on year and is up 7.43 per cent for the year so far.
The Bordeaux 2010 en primeur campaign is set to begin this coming Monday. We'll keep you posted on all of the latest news and views so be sure to follow us on Twitter (@Livex) and Facebook.
