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 ?
A small particle of silica, carried through the channel by the inductor's circulation, touches the magnesia refractory and forms a glass whose melting point is lower than the temperature of the channel.
British Telecom researchers initially suggested that the fiber core had to be heated above its melting point of approximately 1,700 [degrees] C to start the process.
Thus, they say, melting point could make a difference in a grasshopper's ability to survive.
The melting point of PHO decreased as the elongation increased.
21-g/cc copolyesters have a melting point of 108 C (226 F) and offer good contact clarity, adhesion, and elongation (up to 800%).
It will be obvious from the foregoing that there are no clear boundaries between these three recognized classes of petroleum wax, and that a continuous spectrum exists, ranging from the lowest melting point simplest paraffin wax of almost 100% alkane content to the somewhat higher melting point and vastly more complex microcrystalline wax containing almost 100% branched chain iso alkane or `non normal' high molecular weight hydrocarbons.
Compared with other barrier resins, PGA's melting point is closer to that of PET.
The antifreezes don't lower the temperature at which ice melts -- only the temperature at which ice rapidly crystallizes -- so there are a few degrees between the melting point and freezing point of such an antifreeze solution.
Their unique molecular structure is said to produce exceptional gloss and clarity (see graph opposite), a lower melting point (265 F), and low levels of extractables.
Researchers have recently found experimental evidence for just such an effect, known as "premelting," in lead at temperatures well below its melting point.
Electronic Auction: Implementation of works on collection, removal from the customer~s territory and processing of snow masses at the snow melting point
developed extruded or molded self-healing profiles consisting of 85 wt% of 1-butene/ethylene copolymer with up to 18 mol% ethylene content, no detectable melting point, and up to 15 wt% of a propylene copolymer with a melting point of 126 to 200[degrees]C.