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Panama's electoral tribunal declares Cortizo winner of close presidential election

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PANAMA CITY, May 5 (Reuters) - Panama's electoral tribunal declared presidential front-runner Laurentino "Nito" Cortizo the winner of Sunday's election with 95 percent of votes counted, following an unexpectedly tight race.

The second-place candidate, Romulo Roux, trailed two points behind and has not yet accepted defeat. The tribunal's results are preliminary, and will be followed by a formal announcement.

(Reporting by Elida Moreno and Stefanie Eschenbacher, Writing by Daina Beth Solomon; Editing by Frank Jack Daniel)