Peru's presidential vote tightens, stocks dip, with count in second day

The presidential race in Peru remains too close to call as election officials continue the arduous process of tallying ballots for a second consecutive day. Leftist candidate Roberto Sanchez has steadily narrowed the gap against his conservative opponent, Keiko Fujimori, creating significant uncertainty regarding the final outcome. This tightening margin has triggered a negative reaction within the financial sector. Investors responded to the political volatility by offloading shares, leading to a noticeable decline in both the broader stock market and key mining equities. Authorities have urged the public to remain patient while the national electoral body completes its official count.

The outcome of this election will determine the future economic and political trajectory of Peru, a major global supplier of copper and other essential minerals.