Lix-Ex 100 ends 17 month decline with the first rise
The Liv-ex Fine Wine 100 has made its first monthly gain since March 2013, rising by 0.94% in August 2014. There were price gains in Bordeaux, in particular for Lafite and Montrose. Interestingly, two of the top movers in August (Lafite 2009 and Leoville Las Cases 2006) were amongst the biggest declines in July. The Liv-ex 50 showed the biggest gain amongst the indices with a rise of 1.31%, suggesting that the First Growths are at last beginning to draw out the buyers. The Champagne 50 was the weakest of the sub-indices falling 1.44%.
Liv-ex Fine Wine 100 Monthly Close: 236.21
Change: 2.20 (0.94%)