1619 ET - Whoever wins Brazil's presidential runoff on Oct. 25 will face governing with a more right-leaning Congress after Brazilians yesterday went to the polls to elect a new president and state governors and lawmakers, as well as members of the country's House and two-thirds of its senators, says Oscar Decotelli, founder of DXA Group, a Rio de Janeiro-based private market-investment firm. He also notes that pro-business governors won in several states among those in Brazil's more developed Southeast region, including São Paulo and Minas Gerais. "That is the shift investors have been waiting for," Decotelli says. In presidential first-round voting, Flávio Bolsonaro received roughly 47% of the votes, slightly more than leftist President Luiz Inácio Lula da Silva. Brazil's benchmark Ibovespa stock index jumped more than 8% after the votes were counted, while in currency markets, the real gained as much as 5% against the dollar.