FP secured the largest share of seats in Peru’s newly restored 60-seat Senate in the April 2026 legislative elections, winning 22 seats according to official tallies and outpacing all other parties by a wide margin. This outcome reflects FP’s stronger national performance amid a fragmented field, where no single party approached the 31-seat threshold for a majority. Traders assign overwhelming probability to FP as the winner because confirmed results have already established its plurality, with limited scope for reversal absent major procedural challenges or recounts. Remaining uncertainty centers on final certification processes or any last-minute disputes over seat allocation under the proportional representation system, though these appear unlikely to alter the leading position.