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Lula, Bolsonaro close Brazil campaign with Sao Paulo rallies; Lula leads 45-40
Efecto Cocuyo·BR·3 days ago
Final pre-election polls from nine firms showed Flávio (PL) potentially leading Lula, a shift from earlier surveys. The data suggests a competitive first round, with implications for a possible runoff. Uncertainty remains due to polling margins and late voter shifts.
Flávio Bolsonaro secured 47% of the first-round vote, leading Lula (45%) and forcing a runoff on October 25. Brazilian financial markets reacted positively to Bolsonaro's stronger-than-expected performance, with equities surging, the real strengthening, and interest rates falling, driven by expectations of market-friendly fiscal policies and potential reforms. The final outcome remains uncertain, with a close runoff anticipated.