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 ?
EVERTON have pointed the finger at Manuel Fernandes and his thirdparty owners for the collapse of the deal taking him to Goodison Park.
Mayor Dave Courtemanche, who-may have been in a bit of a tough position after the survey pointed the finger at his corporation's bureaucracy for being an obstacle to doing business, said at the Feb.
Thorntons pointed the finger at the challenging retail climate for a 4.9pc decline in like-for-like sales at its estate of 369 shops during the 26 weeks to Christmas Eve.
Sixty per cent of those questioned blamed the war in Iraq for the erosion of trust and 42% pointed the finger at the Hutton Inquiry.
An internal investigation into the incident pointed the finger at several staff members, who then faced a disciplinary hearing.