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 ?
Spitzer points outs that barely 9% of law school faculty members have social science doctorates.
Ahmad ruthlessly shoves his pen under a piece of door trim that has separated from the body on an American sedan, and points out several other flaws.
Today's Optical has incorporated many of those features into its Britney Spears eyewear line, although Nadel points out that the company started from scratch with entirely new designs for the line, which debuts next month.
FarragTech points outs that if drying takes place at 80 C (176 F), which is the drying temperature for nylon and ABS, then no additional heat input is required.
At first she and Noel are at odds with each other until Noel points outs that with his brains and her ideas they may form a formidable team.