Mexico election winner Claudia Sheinbaum vows continuity as investors fret

Ruling party candidate Claudia Sheinbaum will become Mexico’s first female leader after winning a landslide election victory, but the scale of her win unnerved some investors, who sold the peso on fears of radical constitutional change.

Sheinbaum, a leftwing former Mexico City mayor, triumphed by a margin of more than 30 percentage points over her nearest rival, entrepreneur Xóchitl Gálvez of the main centre-right opposition alliance, according to official results with 95 per cent of votes counted on Monday.