Another new record for the Liv-ex 1000
Despite the Liv-ex 100 stagnating last month, the Liv-ex 1000 – the broadest measure of the fine wine market – was up 2.8% to close on 360.5. This is marks another record high for the index, which has risen 9.1% year-to-date.
All of its sub-indices made steady gains in September, with the Burgundy 150 rising 7.2%. The Italy 100 rose by 5.9%, pushed along by heavy trading of Giacomo Conterno vintages and the highly-scored Solaia 2015.
The Champagne 50 outperformed the Bordeaux Legends 50, making it the second-best performing index in September. The Rest of the World index remained relatively flat however, rising just 1.08% despite new releases from Chile and Argentina.