The Lima General Index rose strongly on the back of early returns that have come in from the election. Nationalist Party candidate, Ollanta Humala, won 29 percent. Looks like he beat the former President Garcia, who achieved 25 percent, and Flores with 24 percent.
Ollanta Humala wants to make the state a partner in all natural resource companies. Despite winnning, he gained fewer votes than expected. Earlier polls had suggested Humala would take at least 35 percent of the vote in the first round.
There will now be a second round. Southern Copper Corp., Peru's biggest copper producer, a unit of Grupo Mexico SA, rose on the hope that Garcia will do better in the second round.