Bangladeshi Software Defensive Blue Chips

Manila Electric

Market Cap: ₱669.5b

Manila Electric Company holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines.

Marico

Market Cap: ₹1.0t

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Bank Permata

Market Cap: Rp187.2t

Provides various banking products and services in Indonesia.

Phoenix Financial

Market Cap: ₪35.6b

Provides multi-line insurance products in Israel.

China Resources Beer (Holdings)

Market Cap: HK$87.5b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

Rockchip Electronics

Market Cap: CN¥78.5b

Operates as a fabless IC design company focusing on Intelligent IoT in China.

VeriSilicon Microelectronics (Shanghai)

Market Cap: CN¥78.2b

Provides platform-based custom silicon and semiconductor IP licensing services in China and internationally.

Globe Life

Market Cap: US$11.2b

Through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States.

Dino Polska

Market Cap: zł40.3b

Operates a network of medium-sized grocery supermarkets under the Dino brand in Poland.

ICICI Lombard General Insurance

Market Cap: ₹1.0t

Provides various general insurance products and services in India.

Shree Cement

Market Cap: ₹998.4b

Engages in the manufacture and sale of cement and clinker in India and internationally.

Arab National Bank

Market Cap: ر.س41.6b

Provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

ICICI Prudential Life Insurance

Market Cap: ₹996.7b

Provides life insurance, annuity, pension, and health insurance products to individuals and groups in India.

Komercní banka

Market Cap: Kč228.5b

Provides various retail, corporate, and investment banking services primarily in the Czech Republic, and Central and Eastern Europe.

Banque Cantonale Vaudoise

Market Cap: CHF 8.8b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

Almarai

Market Cap: ر.س41.4b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

Beijing E-Town Semiconductor Technology

Market Cap: CN¥77.1b

Beijing E-Town Semiconductor Technology Co., Ltd.

Lattice Semiconductor

Market Cap: US$11.0b

Develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas.

Buzzi

Market Cap: €9.4b

Manufactures, distributes, and sells cement, ready-mix concrete, and natural aggregates.

Itissalat Al-Maghrib (IAM)

Market Cap: د.م100.2b

Provides various telecommunication solutions in Morocco and internationally.

Orkla

Market Cap: NOK 109.3b

Operates as an industrial investment company within brands and consumer-oriented businesses in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally.

Banque Saudi Fransi

Market Cap: ر.س40.8b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

United Spirits

Market Cap: ₹977.5b

Manufactures, sells, and distributes alcoholic beverages and other allied spirits in India and internationally.

Encompass Health

Market Cap: US$10.8b

Provides post-acute healthcare services in the United States and Puerto Rico.

China Resources Microelectronics

Market Cap: CN¥75.6b

Engages in the manufacture and sale of semiconductors in China and internationally.

Centrica

Market Cap: UK£8.0b

Operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally.

Bank of the Philippine Islands

Market Cap: ₱639.3b

Provides various financial products and services to retail and corporate clients in the Philippines.

Old Republic International

Market Cap: US$10.7b

Through its subsidiaries, provides insurance underwriting and related services primarily in the United States and Canada.

Vietnam Commercial Bank for Industry and Trade

Market Cap: ₫281.2t

Provides various banking products and services to individuals, businesses, and organizations in Vietnam and internationally.

Phison Electronics

Market Cap: NT$336.1b

Designs, manufactures, and sells flash memory controllers and peripheral system applications in Asia, the United States, Europe, Australia, and internationally.

Chubu Electric Power Company

Market Cap: JP¥1.7t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

Tsingtao Brewery

Market Cap: CN¥74.0b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Global Unichip

Market Cap: NT$333.0b

Engages in the research and development, production, testing, and sale of embedded memory and logic components, analog components, cell libraries, and EDA tools for various IC applications.

National Silicon Industry Group

Market Cap: CN¥73.8b

National Silicon Industry Group Co., Ltd.

Enel Américas

Market Cap: CL$9.4t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina, and Peru.

Bangkok Bank

Market Cap: ฿328.3b

Provides various commercial banking products and services in Thailand and internationally.