Bahraini Utilities Defensive Blue Chips

Beazley

Market Cap: UK£7.7b

Through its subsidiaries, provides risk insurance and reinsurance solutions in the United States, the United Kingdom, and rest of Europe.

Zions Bancorporation National Association

Market Cap: US$10.4b

Provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming.

OPC Energy

Market Cap: ₪30.8b

Engages in the development, construction, operation, generation, and supply of electricity and energy in Israel.

Interconexión Eléctrica E.S.P

Market Cap: Col$32.5t

Engages in the electric power, roads, and ICT and telecommunications business activities.

Cullen/Frost Bankers

Market Cap: US$10.3b

Operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas.

King Yuan Electronics

Market Cap: NT$332.5b

Designs, manufactures, sells, tests, and assembles integrated circuits.

Shoprite Holdings

Market Cap: R166.4b

An investment holding company, engages in the food retail and wholesale business in South Africa and internationally.

Taiwan Mobile

Market Cap: NT$331.9b

Provides telecommunications, broadband, retail, digital, and financial services in Taiwan and internationally.

Kikkoman

Market Cap: JP¥1.6t

Through its subsidiaries, engages in the manufacture and sale of food products in Japan and internationally.

Max Healthcare Institute

Market Cap: ₹981.1b

Provides medical and healthcare services in India.

Skyworks Solutions

Market Cap: US$10.3b

Develops, manufactures, and markets analog and mixed-signal semiconductor products and solutions in the United States, Taiwan, China, South Korea, Europe, the Middle East, Africa, and the Asia Pacific.

Old National Bancorp

Market Cap: US$10.3b

Operates as the bank holding company for Old National Bank that provides consumer and commercial banking services in the United States.

Alchip Technologies

Market Cap: NT$330.6b

Engages in the research, design, development, and manufacturing of application specific integrated circuits and system on a chip in the United States, China, Japan, Taiwan, and internationally.

Banca Transilvania

Market Cap: RON 46.4b

Provides various banking products and services in Romania, Italy, and the Republic of Moldova.

Vienna Insurance Group

Market Cap: €8.9b

Engages in providing insurance products and services in Austria and internationally.

Old Republic International

Market Cap: US$10.2b

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

Novatek Microelectronics

Market Cap: NT$326.8b

A fabless chip design company, designs, develops and sells a range of display driver integrated circuits (IC) and system-on-a-chip (SoC) solutions in Taiwan, Asia, and internationally.

Molina Healthcare

Market Cap: US$10.1b

Provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces in the United States.

KINGSEMI

Market Cap: CN¥68.3b

Engages in the research and development, production, sales, and service provision of semiconductor fabrication equipment in China and internationally.

Ingenic SemiconductorLtd

Market Cap: CN¥68.0b

Engages in the research and development, design, and sale of integrated circuit chip products in China and internationally.

BUA Foods

Market Cap: ₦13.7t

Processes, manufactures, produces, and distributes food materials in Nigeria.

Insulet

Market Cap: US$10.0b

Develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States and internationally.