How to buy wine stocks
The 22 companies in the VINCAP Wine Stock Index trade on 16 exchanges in 13 countries. Buying one is an ordinary share purchase through a broker that reaches that exchange. This is not investment advice.
Where each company lists
| Exchange | Country | Suffix | Currency | Companies |
|---|---|---|---|---|
| ASX | Australia | .AX | AUD | Australian Vintage AVG.AX, Treasury Wine Estates TWE.AX |
| Santiago | Chile | .SN | CLP | Viña Concha y Toro CONCHATORO.SN, Viña San Pedro Tarapacá VSPT.SN |
| Shenzhen | China | .SZ | CNY | Yantai Changyu Pioneer Wine 000869.SZ |
| Euronext Growth Paris | France | .PA | EUR | AdVini ALAVI.PA, Lanson-BCC ALLAN.PA |
| Euronext Paris | France | .PA | EUR | Laurent-Perrier LPE.PA, Maison Pommery & Associés POMRY.PA |
| XETRA | Germany | .DE | EUR | Schloss Wachenheim SWA.DE |
| NSE | India | .NS | INR | Sula Vineyards SULA.NS |
| Borsa Italiana (EGM) | Italy | .MI | EUR | Italian Wine Brands IWB.MI, Masi Agricola MASI.MI |
| NZX | New Zealand | .NZ | NZD | Delegat Group DGL.NZ, Foley Wines FWL.NZ |
| Warsaw | Poland | .WA | PLN | Ambra AMB.WA |
| Bucharest | Romania/Moldova | .RO | RON | Purcari Wineries WINE.RO |
| BME Madrid | Spain | .MC | EUR | Bodegas Riojanas RIO.MC |
| London (Aquis/AIM) | United Kingdom | .L | GBP | Chapel Down Group CDGP.L |
| LSE (AIM) | United Kingdom | .L | GBP | Naked Wines WINE.L |
| Nasdaq | USA | — | USD | Willamette Valley Vineyards WVVI |
| OTCQB | USA | — | USD | Crimson Wine Group CWGL |
Reading the ticker
A symbol is a base code plus a suffix naming the exchange — .AX for ASX, .SN for Santiago and .SZ for Shenzhen. A broker may spell it differently; 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 is priced from its primary listing; the question is whether your broker reaches that exchange.
An OTC quotation is a dealer market, not an exchange listing; a thin line can go sessions without a trade.
Retired depositary lines stay on record: 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). 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.