<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>1665-5346</journal-id>
<journal-title><![CDATA[Revista mexicana de economía y finanzas]]></journal-title>
<abbrev-journal-title><![CDATA[Rev. mex. econ. finanz]]></abbrev-journal-title>
<issn>1665-5346</issn>
<publisher>
<publisher-name><![CDATA[Instituto Mexicano de Ejecutivos de Finanzas A.C.]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1665-53462021000300007</article-id>
<article-id pub-id-type="doi">10.21919/remef.v16i3.650</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Afectaciones financieras en los principales países de América Latina con mayores registros de COVID-19]]></article-title>
<article-title xml:lang="en"><![CDATA[Financial impacts in the main Latin American countries with the highest records of COVID-19]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Olivares Aguayo]]></surname>
<given-names><![CDATA[Héctor Alonso]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad La Salle  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>09</month>
<year>2021</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>09</month>
<year>2021</year>
</pub-date>
<volume>16</volume>
<numero>3</numero>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1665-53462021000300007&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1665-53462021000300007&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1665-53462021000300007&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen El objetivo de la investigación es determinar las afectaciones que ha causado la pandemia COVID-19 en los principales mercados de América Latina (Brasil, Argentina, Colombia y México). Se realiza un análisis del Valor en Riesgo a diferentes niveles de confianza para la conformación de portafolios de inversión óptimos del tipo Markowitz y Sharpe en los componentes del BOVESPA, S&amp;P Merval, COLCAP y S&amp;P BMV/ IPC. Los resultados muestran que para ambos tipos de portafolios las mayores pérdidas esperadas las tiene el mercado argentino y las menores el mexicano. Por lo que de las economías analizadas en esta investigación es más recomendable invertir en el mercado accionario de México. Como limitación se asume el supuesto de rendimientos gaussianos. El trabajo es original porque los datos históricos diarios consideran el periodo del COVID-19. Se concluye que, a pesar, que Brasil es el país con mayor número de contagios por COVID-19 de América Latina, con base en la métrica de Valor en Riesgo, Argentina es el más afectado financieramente y México el menor.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract The objective of the investigation is to determine the effects that the COVID-19 pandemic has caused in the main markets of Latin America (Brazil, Argentina, Colombia and Mexico). An analysis of the Value at Risk is carried out at different levels of confidence for the conformation of optimal investment portfolios of the Markowitz and Sharpe type in the components of BOVESPA, S&amp;P Merval, COLCAP and S&amp;P BMV / IPC. The results show that for both types of portfolios the highest expected losses are in the Argentine market and the lowest in the Mexican market. Therefore, of the economies analyzed in this research, it is more advisable to invest in the Mexican stock market. As a limitation, the assumption of Gaussian returns is assumed. The work is original because the daily historical data considers the period of COVID-19. It is concluded that although Brazil is the country with the highest number of COVID-19 infections in Latin America, based on the Value at Risk metric, Argentina is the most affected financially and Mexico the least.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[COVID-19]]></kwd>
<kwd lng="es"><![CDATA[Teoría del Portafolio]]></kwd>
<kwd lng="es"><![CDATA[rendimientos]]></kwd>
<kwd lng="en"><![CDATA[COVID-19]]></kwd>
<kwd lng="en"><![CDATA[Portfolio Theory]]></kwd>
<kwd lng="en"><![CDATA[Returns]]></kwd>
</kwd-group>
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