Recent administrative delays and logistical challenges during Peru’s April first-round vote, which reduced turnout by an estimated 3–5 points in affected polling stations, continue to shape trader expectations for the June 7 runoff between Keiko Fujimori and Roberto Sánchez. With official confirmation of the finalists arriving only three weeks before the second round and over 70 percent of first-round voters supporting neither candidate, analysts note that the simpler single-race ballot and compulsory voting could stabilize participation near the 73.81 percent recorded earlier. Persistent low institutional trust and the short campaign window introduce uncertainty, keeping the 70–75 percent and 75–80 percent bins closely matched as the dominant outcomes. Polarization between the conservative and leftist contenders may encourage higher mobilization in key regions, yet any further operational hiccups could suppress numbers below historical averages.