Point

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Point

The smallest unit of price change quoted, or one one-hundredth of a percent. Related: Minimum price fluctuation and tick.

Point

A way of conceptualizing price changes in the trading of securities. For stocks, a point corresponds to $1, while for bonds it indicates a 1% change relative to the face value. For example, if one states that GE rose two points on Thursday, this means that it rose $2. See also: Tick.

point

A change in the value of a security or a security index or average. For common and preferred stocks a point represents a change of $1. For bonds a point represents a 1% change in face value. For example, a one-point decline in a $1,000 principal amount bond translates to a $10 decline in price. For stock averages and indexes a point represents a unit of movement and is best interpreted as a percent of the beginning value. For example, a 100-point decline in the Dow Jones Industrial Average that started the day at 10,000 represents a 1% fall in the average.
References in periodicals archive ?
Winters could have nicked it for Hamilton at the end but his shot was fired wide leaving Queens with a vital point.
Chris McGowan was unlucky to see his 30-yard strike come back off the bar for the visitors as Arthurlie held out to claim a vital point.
Angry Stags fans staged another demo before their struggling side grabbed a vital point in their bid to beat the drop into the Conference.
TEN-MAN Arbroath salvaged a vital point against relegated Stenny to keep alive their hopes of beating the drop.
HARRY REDKNAPP was denied a vital point on his return as Pompey boss last night by a late Spurs rally at White Hart Lane.
SIMON WHALEY fired a warning to leaders Yeovil after snatching a vital point for Bury.
With the home fans flocking out, Jimmy Floyd Hasselbaink still had time to claw one back - but fourth- placed Chelsea left it far too late to grab a vital point.
JOHN COUTTS rescued a vital point for Rangers with a 33rd-minute leveller.
But the visitors managed to snatch a vital point when Leroy Lita took advantage of some poor defending from Robbie Stockdale to notch his 20th goal of the season.
BASEMENT boys Albion Rovers earned a vital point with a late Tommy Tait strike.
RECORD-buy David Lowe hit his third goal in three games to earn Wigan a vital point in the big Third Division promotion battle.
RELEGATION strugglers East Fife earned the praise of their manager and a vital point with a late two goal Firhill flurry.