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Humala Adds Concern in Lima Financial Market

Posted On 01 Jun 2011

The stock market of Lima dropped by 5,17% on Monday, the investors await to know who will win the elections.  A small increase of the candidate Ollanta Humala in the polls has left the markets very nervous, and they prefer the economic model proposed by Keiko Fujimori.

Both candidates face the economic instability that could continue during their government when one of them becomes the next president on Sunday after they assume the presidential charge on July 28.

Humala has proposed a model of free market since 1990, according to Elmer Cuba from the financial consultant company Macrocounsult, a recent poll informed that if Humala wins on Monday there will be serious financial repercussions. The company recommended that Humala should notify the international investors about his projects.

Source: AFP

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