How to buy wine stocks

The 22 companies in the BoomCellar Wine Stock Index trade on 16 exchanges in 13 countries. Buying one is an ordinary share purchase, made through a broker that reaches that company's exchange. This page covers the mechanics: where each company lists, how to read its ticker, and which currency you end up holding. Editorial research, not investment advice.

Where each company lists

One row per exchange. Each company opens its own page with the live price and one-year chart.

ExchangeCountrySuffixCurrencyCompanies
ASXAustralia.AXAUDAustralian Vintage AVG.AX, Treasury Wine Estates TWE.AX
SantiagoChile.SNCLPViña Concha y Toro CONCHATORO.SN, Viña San Pedro Tarapacá VSPT.SN
ShenzhenChina.SZCNYYantai Changyu Pioneer Wine 000869.SZ
Euronext Growth ParisFrance.PAEURAdVini ALAVI.PA, Lanson-BCC ALLAN.PA
Euronext ParisFrance.PAEURLaurent-Perrier LPE.PA, Maison Pommery & Associés POMRY.PA
XETRAGermany.DEEURSchloss Wachenheim SWA.DE
NSEIndia.NSINRSula Vineyards SULA.NS
Borsa Italiana (EGM)Italy.MIEURItalian Wine Brands IWB.MI, Masi Agricola MASI.MI
NZXNew Zealand.NZNZDDelegat Group DGL.NZ, Foley Wines FWL.NZ
WarsawPoland.WAPLNAmbra AMB.WA
BucharestRomania/Moldova.RORONPurcari Wineries WINE.RO
BME MadridSpain.MCEURBodegas Riojanas RIO.MC
London (Aquis/AIM)United Kingdom.LGBPChapel Down Group CDGP.L
LSE (AIM)United Kingdom.LGBPNaked Wines WINE.L
NasdaqUSA—USDWillamette Valley Vineyards WVVI
OTCQBUSA—USDCrimson Wine Group CWGL

Reading the ticker

Each symbol is written the way the price feed spells it: a base code, then a suffix naming the exchange — .AX for ASX, .SN for Santiago and .SZ for Shenzhen. A broker may spell the same share differently, usually taking the base code and asking for the market separately. The instrument is the same.

Symbols with no suffix are US quotations: CWGL on OTCQB and WVVI on Nasdaq.

Buying from another country

Every company here is priced from its primary listing, so the practical question is whether your broker offers that exchange. Brokers differ in which foreign markets they reach, and some markets admit foreign buyers through specific account types or programmes.

An OTC quotation is a dealer market rather than an exchange listing. Disclosure standards and trading volume vary by tier, and a thin line can go several sessions without a trade.

Some foreign shares are also quoted on secondary venues such as Frankfurt. Those lines can print no volume for days and quote away from the home price, which is why the price on each company page comes from the primary listing.

A depositary receipt is a certificate traded in one market that stands for shares listed in another. Where one has been retired, the record is kept: Viña Concha y Toro's NYSE line, VCO, was delisted on 2018-07-02.

The currency you hold

The 22 companies are priced in 10 currencies: EUR (8), AUD (2), CLP (2), GBP (2), NZD (2), USD (2), CNY (1), INR (1), PLN (1) and RON (1). A share priced in another currency carries that exchange rate with it — measured in your own currency, the share's move and the currency's move combine.

London prices are quoted in pence; 100 pence make one pound.

The index itself is calculated in euros.

Individual shares, not a fund

No exchange-traded fund holds a basket of listed wine companies. Holding the listed wine sector therefore means holding each company separately, across 16 exchanges and 10 currencies.

The BoomCellar Wine Stock Index is a benchmark that measures those companies. It is not a product that can be bought.

By market