Perkembangan pasar modal di satu sisi menimbulkan kegembiraan dan kebanggaan, karena mampu menarik perusahaan-perusahaan untuk memanfaatkan dana dari bursa efek.
In mid-1982 the stock market started un upswing that, over the five years, took on the momentum of a charging bull. Unlike preceding upswings, however, the pace of this bull market was fired by several factors that the securities industry had not seen before.