The Liv-ex 1000 Index – the broadest measure of the market – closed July on 316.82. This is an increase of 0.9% on June’s close of 313.89. The index is now up 15.9% year-on-year.
Within the Liv-ex 1000, the performance of the sub-indices were mostly positive. The Bordeaux Legends 50 was the best performer, gaining 2%. The Italy 100 (1.5%) and Champagne 50 (1%) were also up, reversing the losses they made in June.
The Italy 100 has seen the most improvement in 2017 and is up 7.7% year to date.
The Rest of the World 50 remained flat this month, having been the strongest sub-index in June. The Rhone 100 was the only index to fall, down 0.5%.
Changes to Liv-ex indices
Each July, Liv-ex updates the components of its indices to best reflect the market.
This year the 2004 vintage has been removed from the Bordeaux 500 index and replaced by the now physical 2014. For Latour, the composition of the index remains unchanged, to comprise the 2002-2011 vintages.