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.More »