Peruvian markets rebounded from Monday’s losses as the leading presidential candidate sought to reassure investors who were preparing for a drawn-out count of Sunday’s vote.
Benchmark bonds pared more than half of the decline as the leftist Pedro Castillo, who has an 80,000-vote lead with more than 95% of ballots counted, sent a statement saying he would pay the country’s debt and keep central bank independence. The sol and the main stock gauge edged higher.