The closely contested June 7 runoff between Keiko Fujimori and Roberto Sánchez is shaping trader expectations for voter turnout in the low-to-mid 70 percent range, consistent with the first round's recorded 73.81 percent participation among 27.3 million registered voters. Logistical disruptions during the April first round, including polling station delays and one-day extensions in Lima and select overseas sites, contributed to subdued engagement, while the polarized right-left contest could spur mobilization through targeted get-out-the-vote efforts in the final weeks. Historical second-round averages near 81 percent provide an upper benchmark, yet recent patterns and the two-week campaign window ahead introduce uncertainty over whether enthusiasm or lingering administrative hurdles will dominate.