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 ?
For the second year in a row, the principal point of exit for pipeline exports to Mexico was Clint, Texas.
Kamal Nath will be the principal point person for liaising between the party and the government, as well as the government and the UPA partners and the Oppn
Leur manque de taille etait l'un de leur principal point faible.
He added:"The Irish famine resulted in death, disease and displacement of people on an unimaginable scale with the West of Scotland becoming a principal point of refuge.
It proceeds, in the first chapter, to its principal point.
Moving through the spaces, the hill becomes the principal point of orientation as part of a-unique foreground scenery, the effect of which diminishes the impact of any glimpses to apparently distant neighbouring buildings when seen against the building's crooked horizon.
But where, he was asked, is the principal point of rupture?
The principal point on the meeting agenda was energy and how to use technology better to achieve a transition to an economy producing less carbon dioxide, according to UK Environment Secretary Margaret Beckett, who chaired the session.
Indeed, I take the claim that there is a moral foundation to the idea of unalienable rights (or at least that government has a role to play in fostering the kind of moral virtue necessary in a government devoted to securing those rights) to be the principal point of disagreement between conservatives and contemporary libertarians.
The principal point of the case is the content of the LACOE program,'' Pastore said.
That has been the principal point of contention," Deuters said, "and remains the reason why we cannot yet give the modernisation programme our unqualified support.