Ivorian Utilities Defensive Blue Chips

Alinma Bank

Market Cap: ر.س72.7b

Provides banking and investment services in the Kingdom of Saudi Arabia.

Hwatsing Technology

Market Cap: CN¥130.4b

Engages in the research, development, production, sales, and technical services of semiconductor equipment in China and internationally.

NMBZ Holdings

Market Cap: US$2.5b

Provides various banking products and services to corporate and individual customers in Zimbabwe.

Telenor

Market Cap: NOK 182.4b

Operates as a telecommunication company worldwide.

Arca Continental. de

Market Cap: Mex$327.2b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

E.SUN Financial Holding Company

Market Cap: NT$609.0b

Offers various financial banking products and services in Taiwan.

SBI Life Insurance

Market Cap: ₹1.8t

Operates as a life insurance company in India.

Xi'an ESWIN Material Technology

Market Cap: CN¥127.0b

Xi'an ESWIN Material Technology Co., Ltd.

Telecom Italia

Market Cap: €16.2b

Engages in the fixed and mobile telecommunications services and products for individuals, households, and supports small and medium-sized enterprises in Italy and internationally.

SinoPac Financial Holdings

Market Cap: NT$599.4b

Through its subsidiaries, provides banking services worldwide.

Eurobank

Market Cap: €16.2b

Provides retail, corporate and private banking, asset management, treasury and capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Zimmer Biomet Holdings

Market Cap: US$18.7b

Operates as a medical technology company worldwide.

Banco Comercial Português

Market Cap: €16.1b

Engages in the provision of various banking and financial products and services in Portugal and internationally.

Saudi Energy

Market Cap: ر.س69.8b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫488.8t

Provides banking products and services in Vietnam.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 84.1b

Produces and supplies electricity from hydroelectric and wind sources in Romania.

East West Bancorp

Market Cap: US$18.5b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Krung Thai Bank

Market Cap: ฿611.5b

Engages in commercial banking business in Thailand and internationally.

Wilson Bank Holding

Market Cap: US$18.4b

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to consumers, professionals, small businesses, and municipalities in the United States.

Lattice Semiconductor

Market Cap: US$18.4b

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

Wilmar International

Market Cap: S$23.4b

Operates as an agribusiness company in Singapore, the People's Republic of China, Indonesia, Malaysia, Australia, Europe, South Africa, Nigeria, Vietnam, India, and internationally.

Saudi Awwal Bank

Market Cap: ر.س68.1b

Provides banking and financial services in the Kingdom of Saudi Arabia.

Samsung Fire & Marine Insurance

Market Cap: ₩25.6t

Provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom.

Telefônica Brasil

Market Cap: R$94.0b

Operates as a mobile telecommunications company in Brazil.

James Hardie Industries

Market Cap: AU$25.5b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

Bank Polska Kasa Opieki

Market Cap: zł66.9b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

Vodacom Group

Market Cap: R289.2b

Provides communications products and services in South Africa, Egypt, Kenya, and internationally.

Telia Company

Market Cap: SEK 170.4b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.

IHH Healthcare Berhad

Market Cap: RM 72.5b

An investment holding company, provides healthcare services in Singapore, Malaysia, India, Greater China, Japan, Türkiye and Europe, and internationally.

Koninklijke KPN

Market Cap: €15.3b

Provides telecommunications and information technology (IT) services in the Netherlands.

Kasikornbank

Market Cap: ฿583.1b

Provides commercial banking products and services in Thailand and internationally.

Federal Home Loan Mortgage

Market Cap: US$17.5b

Operates in the secondary mortgage market in the United States.

Bank of Hangzhou

Market Cap: CN¥118.0b

Provides various banking products and services in China.

Woori Financial Group

Market Cap: ₩24.6t

Operates as a bank which provides various financial services in Korea, China, the United States, the United Kingdom, Japan, and internationally.

Sonova Holding

Market Cap: CHF 14.2b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Bankinter

Market Cap: €15.0b

Provides various banking products and services to individuals, corporates, and small- and medium-sized enterprises in Spain, Luxembourg, Portugal, and Ireland.