Voters in the first round of Chile’s presidential election largely backed candidates who support the country’s market economy, providing a boost to local financial markets
SANTIAGO, Chile—After years of protests and political upheaval that seemed certain to shift Chile’s politics sharply to the left, voters in the first round of a presidential election largely backed candidates who support the country’s free-market economy, providing a boost to local financial markets on Monday.
More than half of the ballots in the Sunday vote went to three right-wing candidates who support the market economy, led by first-place finisher José Antonio Kast with 28% of the vote. Gabriel Boric, the leftist candidate who backs dismantling a private pension system and creating a state-run lithium company, finished second with 26% of the votes as he struggled to expand his base. Messrs.
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