CAPITAL MARKET
Indonesia had experienced economic devastation that had been built through the joints of the new order policy began crawling back construct the foundation of the economy. International Financial Corporation (IFC) classification of stocks linked to the classification of the state. If the country is still classified as a developing country, the market in the country is also in a developing stage, although market shares are fully functional and well organized. Consequences of growing capital market is a small market capitalization value. A measure of market capitalization ratio is usually seen from the comparison with the value of a country’s gross domestic product. In addition to the other consequences is the presence of thin trading volume (thin trading) caused by trade (non – syncronous trading) on the market. Synchronous trading is not caused by the number of securities traded not entirely, meaning that there is some specific time in which a securities transaction does not o...