Access Bank has now lost 11% in the last one week as against 1.21% for the NSE in the same period. In fact, Access Bank has lost about 44% in the last one year.

So who is dumping?


With the share price shedding further value despite this large volume it suggest a major investor is exiting. We opine these volumes are perhaps a result of a foreign portfolio investor exiting positions with either a market maker or a proxy mopping up the shares.

Outlook for the share price based on technical analysis also suggest further bearishness for the stock. However, in terms of fundamentals and on the back of its Q1 result the shares at any price under N7 looks attractive for a long term investor.
more on... http://nairametrics.com/who-is-dumping-access-bank-shares/