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School of Politics and International Relations

Dr Javier Sajuria, Chile stock market drops after Piñera falls short in presidential poll


Chile’s stock market fell almost 6 per cent after Sebastián Piñera, the billionaire centre-right politician, fared worse than expected in the first round of presidential elections, paving the way for a fiercely contested run-off vote next month. Dr Javier Sajuria said: “Whoever wins will deal with the most diverse Congress since 1990. There are more women, incumbents account for less than 50 per cent, and [Ms Sánchez’s] Frente Amplio became the strongest leftwing bloc since [Salvador] Allende’s Unidad Popular,” he said, referring to the coalition overthrown by Pinochet’s 1973 coup d’état.
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