(12 MAY 2020)DAILY MARKET BRIEF 1:Risk appetite fades as investors gauge reopening risks

<p>Equities in Asia mostly turned negative after European and US markets made a mixed start to the week amid rising concerns regarding what could go wrong as businesses reopen gradually across the globe. Gains in technology and healthcare stocks were offset by losses elsewhere. In the coming days, we could expect a deteriorating risk appetite as investors move from pricing the revival of the economic activity to the evaluation of risks as the businesses get back to work. These risks include a renewed pickup in new coronavirus cases, the possibility of another halt in activity and a slower than expected recovery.</p>
<p>Airline companies remain unloved, producer of health and hygiene products continue their rise as energy and commodity stocks are hesitant.</p>