Peru election: Keiko Fujimori admits defeat to Humala
Peru’s right-wing candidate Keiko Fujimori has admitted defeat in the run-off of the presidential election.
Ms Fujimori said she would congratulate her rival, populist former army officer Ollanta Humala, in person.
Mr Humala has a steady 2.7% lead with almost all the votes counted.
In a reaction to Mr Humala’s apparent win, the stock exchange in the capital Lima, fell by more than 10% shortly after opening, prompting officials to suspend trading for two hours.
“I recognise his triumph,” Ms Fujimori said in a brief message to the media.
Mr Humala had already declared victory on Sunday night.
With most votes counted, the leftist ex-soldier has 51.4% of the vote – 2.7 percentage points ahead of his conservative rival.
In his victory speech, he promised that poor Peruvians would share the country’s mineral wealth and benefit from its impressive economic growth.
i smell a morales like government here..is he praying to the sun in the first picture?