IBOV 208,506.76 ▲ 8.53% IPSA 11,052.82 ▲ 1.25% IPC MEX 64,531.68 ▲ 1.10% MERVAL 2,841,487 ▲ 2.67% COLCAP 2,538.58 ▲ 0.94% BVL PERÚ 59,751.67 ▲ 0.18% USD/BRL4.99▼ 4.20% USD/MXN18.10▼ 0.36% USD/CLP971.92▼ 1.88% USD/COP3,200▼ 1.66% USD/PEN3.43▼ 0.11% USD/ARS1,520▼ 0.35% USD/UYU40.34▼ 0.30% USD/PYG5,844▲ 0.40% USD/BOB11.95▲ 0.17% USD/DOP60.17▲ 0.45% USD/CRC455.71▼ 0.15% USD/GTQ7.63▼ 0.09% USD/HNL26.86▼ 0.01% USD/NIO36.62— 0.00% USD/VES869.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.68▼ 0.14% EUR/BRL5.60▼ 4.89% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 208,506.76 ▲ 8.53% IPSA 11,052.82 ▲ 1.25% IPC MEX 64,531.68 ▲ 1.10% MERVAL 2,841,487 ▲ 2.67% COLCAP 2,538.58 ▲ 0.94% BVL PERÚ 59,751.67 ▲ 0.18% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Monday, October 5, 2026

López Aliaga List Leads Lima Mayor Count by 0.86 Points

By · October 5, 2026 · 7 min read
Lima Municipal Palace, seat of the Metropolitan Municipality of Lima, on the Plaza Mayor in Peru
The Municipal Palace on Lima’s Plaza Mayor, seat of the city government whose next mayor is still being counted (file photo, April 2022). (Photo: AxelopezC, CC BY-SA 4.0, via Wikimedia Commons)

ELECTIONS · PERU

Key Facts

  • —The country Peru, a Pacific copper producer of about 34 million people, voted on Sunday 4 October for 25 regional governors and thousands of local officials, including Lima’s mayor.
  • —Why it matters Lima Metropolitana holds nearly a third of Peruvians. Its mayor faces no runoff: the list with the most valid votes wins outright, however small the margin.
  • —Why now At 10:45 a.m. Lima time on Monday 5 October, ONPE, the national election office, had counted 92.699% of Lima’s 26,351 tally sheets. Most of the rest go to election judges.
  • —What happened Renovación Popular, the conservative party of former mayor Rafael López Aliaga, who ran as first councillor, had 27.703%. Francis Allison of the pro-market Avanza País had 26.841%, a gap of 0.86 points (ONPE, 5 October).
  • —The numbers At the 92.687% cut: 1,443,742 votes against 1,398,906, a gap of 44,836. Some 7.301% of sheets, about 1,924, were marked for the special election juries.
  • —What it means for you Leadership of a capital of roughly 10 million people may stay unsettled for weeks, as contested sheets and a credential dispute pass through Peru’s election bodies.
  • —Still open How many votes the contested sheets hold, whom they favour, and whether judges give López Aliaga the mayor’s credential if his list wins.
  • —Prediction markets Polymarket gives López Aliaga a 94.3% chance of winning the Lima mayoralty (5 October, 12:30 p.m. ET).

The Lima mayor count in Peru put former mayor Rafael López Aliaga’s list 0.86 points ahead of Francis Allison on Monday. About 1,924 tally sheets sent to election judges may now decide who runs the capital of a top copper producer.

For foreign investors and visitors, the race decides who governs Peru’s business and tourism hub, a city of roughly 10 million people. Legal reviews could delay the answer for weeks.

Allison, the mayor of Lima’s Magdalena district, says challenged sheets could still turn the race. On Polymarket, a crypto-based prediction market with about US$486,000 traded, bettors still make López Aliaga a heavy favourite.

Where the Lima Mayor Count Stands

At 10:45 a.m. on Monday, ONPE, Peru’s national election office, had counted 92.699% of Lima’s 26,351 tally sheets. Renovación Popular, the conservative party López Aliaga founded and leads, led with 27.703% of valid votes.

Allison had 26.841% for Avanza País, a gap of 0.86 points, the state news agency Andina and the broadcaster RPP reported. Avanza País is a pro-market party whose platform backs a social market economy and a firm line on crime.

At the previous cut of 92.687%, that meant 1,443,742 votes against 1,398,906, a gap of 44,836, ONPE figures carried by Andina and the regional daily El Tiempo showed.

Carlos Bruce, a former housing minister, was a distant third with 15.085%. Daniel Urresti, a former interior minister, was fourth with 8.009%. Twenty-six lists competed for Lima Metropolitana, and Bruce has no realistic path back into the race.

The lead has moved in both directions since polls closed on Sunday at 5 p.m. (6 p.m. ET). It was 1.6 points at 26.1% counted, shrank to about a quarter of a point overnight, then widened again.

At 06:22 on Monday, the official gazette El Peruano reported 27.67% to 26.89% with 91.79% counted. The tighter overnight picture is in Lima Vote Count at 60.6%: López Aliaga List Leads.

Bar chart of Renovación Popular's lead over Avanza País in the Lima mayor count, from 1.60 points at 26.1% counted to 0.86 points at 92.7%
Lead of the López Aliaga list over Francis Allison by share of tally sheets counted, 4 to 5 October 2026. Source: ONPE count as reported by Peruvian media.

Why 1,924 Tally Sheets Now Matter

In the 92.687% cut, 7.301% of Lima’s sheets were marked for the special election juries, known by the Spanish acronym JEE. Only 0.012% were still pending, according to the ONPE figures reported by the magazine Caretas.

That is about 1,924 sheets. ONPE sends a sheet to the juries when it shows arithmetic errors, illegible or missing figures, missing signatures, or a challenged vote.

At the average of the sheets already counted, 1,924 sheets would hold roughly 410,000 valid votes. That is an estimate derived from ONPE totals, not an official figure.

To close a gap of about 45,000 votes, Allison would need to beat the López Aliaga list by about 11 points among those votes. Some sheets may also be annulled, which would shrink the pool.

Allison says a reversal is still possible, citing the eastern district of Ate. “There are many challenged sheets, and the difference may lie in those challenges,” he told reporters on Monday.

What Happens If the Gap Stays Small

There is no runoff for mayor of Lima. The list with the most valid votes wins whatever the margin, while governors need 30% to avoid a runoff on 29 November.

The juries rule on each observed sheet, and parties may appeal to the National Jury of Elections (JNE), Peru’s top electoral court. Officials have said final results can take several weeks, the news site Infobae reported.

A second question sits on top of the count: López Aliaga ran as first councillor because Peru bars immediate re-election. The JNE has not said whether he may take the post.

If the credential were denied, the next name on his list, councillor Jeanette Alonzo Contreras, would take office, the Lima daily El Comercio reported. That dispute is set out in Peru Lima Mayor Race: López Aliaga Warns Election Judges.

How Both Camps Are Responding

So far both sides have kept the fight inside the rules. Allison said Avanza País would file no new challenges and would only defend those already lodged.

“We are respectful of what people have decided,” he said, and he rejected any talk of fraud. He also said the judges should hand López Aliaga the credential if his list wins.

López Aliaga has been less committal. Asked after the vote whether he would accept the result, he replied “let me see”, El Comercio reported.

He said 28,000 poll watchers from his party had covered Lima. After missing the presidential runoff in April, he alleged fraud over polling stations in south Lima that opened late.

The calmer reading is that the count itself is nearly complete and largely uncontested on numbers. The risk lies in the legal questions that follow, not in the arithmetic.

What It Means for You

For US investors, a city race does not set Peru’s economic or mining policy, which rests with the president and Congress. US-listed Peruvian names such as Credicorp and Southern Copper move far more on copper prices and national policy.

The mayor runs city services such as roads, public transport and local permits, which matter to companies operating in the capital. The current city government stays in office until the new term starts on 1 January.

For visitors and expatriates, the dispute is so far a legal contest handled by election bodies. Allison has rejected talk of fraud, while López Aliaga has not said whether he will accept the result.

What Is Not Known

ONPE has not published how many votes the sheets sent to the juries contain, or which districts they come from. Allison’s claim of strong results in Ate is his own and has not been independently confirmed.

No date has been set for proclaiming the Lima result. JNE president Roberto Burneo said official results could come by late October or early November, RPP reported.

The JNE has also not ruled on the credential question, which could produce appeals once the count ends.

What Prediction Markets Say

On Polymarket’s “Lima Mayoral Election Winner” market, bets gave López Aliaga a 94.3% chance and Allison 4.9% at 12:30 p.m. ET on 5 October. About US$486,000 has been traded on the market.

Allison’s price roughly doubled from 2.2% earlier on Monday, while López Aliaga slipped from 95.3%. Bettors still see the official gap of under one point as hard to close.

Why we show this: prediction markets turn real-money bets into a live probability that moves within minutes of the news, which is why investors, campaigns and newsrooms in the United States now follow them closely. We show them next to polls and official results, never instead of them.

Who is winning the Lima mayor count?

At 92.699% of tally sheets counted on 5 October, Rafael López Aliaga’s list led Francis Allison by 0.86 points. ONPE put it at 27.703% to 26.841%.

Is there a runoff for mayor of Lima?

No. The list with the most valid votes wins outright. Runoffs apply only to regional governor races, and those are set for Sunday 29 November.

Can López Aliaga become mayor if his list wins?

He ran as first councillor because mayors cannot be immediately re-elected. Peru’s electoral authorities have not yet said whether he will receive the mayor’s credential.

Sources: ONPE official count, Lima Metropolitana, 4 to 5 October 2026, as reported by Andina (ONPE count at 92.699%); El Peruano (ONPE at 91.79%); El Tiempo (vote totals); Caretas (sheets for the juries); El Comercio (Allison, 5 October); El Comercio (López Aliaga and the credential); Infobae (observed sheets); RPP (count at 92.699%, JNE timeline). Polymarket market data, 5 October 2026.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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