Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Slow count likely in Argentina's presidential election - pollsters

Published 20/10/2015, 22:35
Slow count likely in Argentina's presidential election - pollsters

BUENOS AIRES (Reuters) - Polls indicate that if ruling party candidate Daniel Scioli wins Argentina's presidential election in the first round on Sunday it will be by a narrow margin, raising the prospect of a slow second count, two prominent pollsters said on Tuesday.

Nationwide surveys show Scioli, President Cristina Fernandez's chosen successor, straddling the 40 percent threshold that would be enough for him to win outright providing he has a lead of 10 points over his nearest rival.

"With the numbers we have, the truth is that none of the candidates are going to accept defeat at midnight," said Mariel Fornoni, director of consultancy Management & Fit.

Scioli's main rival is the center-right mayor of Buenos Aires, Mauricio Macri. He promises to dismantle capital controls and trade restrictions from his first day in office to win investor confidence and bring hard currency into the dollar-starved economy.

Scioli talks of a more gradual approach to monetary reform while maintaining Fernandez's generous social welfare safety net.

On Sunday polling stations will count ballots and file their numbers to a central tallying centre to provide a provisional count. If Scioli does win outright by a slim margin his rivals may well await a final count before ceding victory.

While a provisional result is likely to be known by midnight, an official result could take between five and seven days, Argentina's electoral body says.

"It's going to be a complex count," said Ricardo Rouvier, a second pollster.

Argentina's electoral body is generally well respected and allegations of fraud in general elections are rare.

However, a disputed count that involved allegations of vote burning and prompted opposition protests, in a gubernatorial election in northern Tucuman province in August, raised questions about the integrity of Argentina's voting system.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.