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 ?
EXCITING 3 Gordon Shedden scored points again, this time at Croft in North Yorkshire
A total of 112 riders have now scored points in the Women's WorldTour rankings.
Steve Worrall picked up two wins and scored points in all his races to finish on 10, while Rose became a local hero with a terrific performance, like Worrall scoring points every time to become one of three riders finishing on 11.
Bobby bagged three two-pointers - Aberdeen and Celtic to win to nil and Hearts plus both to score while Owen scored points on all five matches.
Even we (McLaren) have struggled in the past and not scored points."