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 ?
The competition is being held for boys and girls under-18 in singles and doubles with sponsorship from Al Wasl Sports Club, Prince, London Suites, Noon Kabab Restaurant, Ice Point, Masafi and Red Bull.
Ice Point will be expected to give the son of Fappiano another Classic success in the GP Jockey Club, the second leg of the Triple Crown, at San Isidro on Saturday.
LEADING jockey Pablo Falero continued his domination at Palermo when landing the Gran Premio Polla de Potrillos-the older of the two versions of the 2,000 Guineas in Argentina-on Ice Point at the Buenos Aires track on Saturday.