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 ?
Team-mates Galli and Guido D'Amore not only scored points in only their fifth event in a world rally car but set a fastest stage time in one of the series' most specialised events.
Craig O'Neill scored points at KTHV recently, but it had nothing to do with a breaking sports story.
A small but vocal group of naysayers; has scored points recently with two separate studies arguing that the lungs and hands of birds were starkly different from those of theropod dinosaurs--the small bipedal carnivores that supposedly evolved feathers and ultimately flight.
William Hill's Owen scored points in every game in his tally of seven.