Further upside forecast for Tune Protect

PETALING JAYA: Amid improving prospects, further upside is projected for Tune Protect Group Bhd’s shares, which have already posted decent gains since the start of this year.

According to TA Research, the general insurance provider will likely see continued improvement in its earnings for the second quarter ended June 30, 2023 (2Q23). This optimism is supported by the continued recovery in the travel industry post-pandemic, which bodes well for the company’s travel segment.