The daily change is the difference between the most recent price of a security and the closing price from the previous trading day.
Daily close is a synonym for closing price, i. .e
the price at which something (such as a share) was last traded before the end of a particular trading day.
When directors of a publicly quoted company buy or sell shares of that company, it is known as directors dealings. Most jurisdictions and stock exchanges have specific rules governing directors dealings. It is for instance not unusual to prohibit directors dealings during the two months leading up to an announcement of company results.
Dollar Cost Averaging
In the United States, dollar cost averaging is an investment strategy where investors make regular purchases for a fixed dollar amount per purchase, e.g. buy shares in a certain company for $10,000 on the first trading day of each month. When the market price of the company share is low, $10,000 will be enough to buy a lot of shares. When the market price of the company share is high, $10,000 will give the buyer a smaller number of shares. Dollar Cost Averaging is also known as Constant Dollar Plan.
The UK equivalent is Pound Cost Averaging.
The Dow Theory was formulated by Charles Dow in 1887. Charles Dow wrote a series of articles where he proposed that the direction of share prices in each average is based on a certain set of rules.
Key concepts of Dow Theory:
When a transaction is made at a price that is lower than the price of the previous transaction, it is referred to as a down tick.
In finance, the term down tick is commonly used in reference to shares, but can be used for other traded assets as well, such as commodities.
When a security is listed on two exchanges instead of just one, it is known as a dual listing.
The practice of listing a security on more than one exchange is especially popular among large or high-aiming stock companies native to countries where the domestic market for company shares is small.
Dual Purpose Fund
In the United States, this term will typically denote a closed-end fund with a limited life and two main classes of shares: income shares (preferred shares) and capital shares (common shares). All the income goes to the holders of income shares. When the fund expires, holders of income shares are paid a fixed redemption price for their shares, and any assets remaining in the fund after that go to the holders of capital shares.
In the United Kingdom, a similar solution is the Split Capital Investment Trust.