Ghanaian Software Defensive Blue Chips

Osaka Gas

Market Cap: JP¥2.4t

Provides gas, electricity, and other energy products and services in Japan and internationally.

Telecom Italia

Market Cap: €13.3b

Engages in the fixed and mobile telecommunications services in Italy and internationally.

Eurobank

Market Cap: €13.2b

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

S.P.E.E.H. Hidroelectrica

Market Cap: RON 67.0b

Produces and supplies hydro, wind, and energy electricity in Romania.

Attijariwafa bank

Market Cap: د.م142.5b

Provides banking products and services for retail, professionals, corporates, and institutional clients in Africa, Europe, and the Middle East.

SCB X

Market Cap: ฿483.2b

Engages in the banking, consumer and digital finance, and platform and technology businesses in Thailand and internationally.

Britannia Industries

Market Cap: ₹1.4t

Manufactures and sells various food products in India and internationally.

HDFC Life Insurance

Market Cap: ₹1.4t

Provides individual and group insurance solutions in India.

Varun Beverages

Market Cap: ₹1.4t

Manufactures, bottles, sells, and distributes beverages under the PepsiCo brands in India, Sri Lanka, Nepal, Zambia, Morocco, Zimbabwe, the Democratic Republic of Congo, Mozambique, South Africa, Lesotho, Eswatini, Namibia, and Botswana.

Union Bank of India

Market Cap: ₹1.4t

Provides banking products and services in India.

Bank Polska Kasa Opieki

Market Cap: zł55.7b

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

Metro

Market Cap: CA$20.1b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

East West Bancorp

Market Cap: US$14.8b

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.

Powszechny Zaklad Ubezpieczen

Market Cap: zł54.9b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

Hua Nan Financial Holdings

Market Cap: NT$471.1b

Provides financial services in Taiwan and internationally.

Grupo Financiero Inbursa. de

Market Cap: Mex$260.8b

Provides various financial products and services to individuals and businesses in Mexico.

Raiffeisen Bank International

Market Cap: €12.8b

Offers banking services to corporate, retail, and institutional customers.

Sonova Holding

Market Cap: CHF 11.6b

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.

Asahi Group Holdings

Market Cap: JP¥2.3t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق53.4b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Punjab National Bank

Market Cap: ₹1.3t

Provides various banking and financial products and services in India and internationally.

Cooper Companies

Market Cap: US$14.5b

Develops, manufactures, and markets contact lens wearers.

Banco de Crédito e Inversiones

Market Cap: CL$13.0t

Provides various banking products and services in Chile, the United States, and Peru.

Shanghai United Imaging Healthcare

Market Cap: CN¥99.2b

Shanghai United Imaging Healthcare Co., Ltd.

Tele2

Market Cap: SEK 133.3b

Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia.

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ52.4b

Engages in the corporate, retail, and investment banking activities in the United Arab Emirates and internationally.

Origin Energy

Market Cap: AU$20.0b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

Bankinter

Market Cap: €12.3b

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

Banco Comercial Português

Market Cap: €12.3b

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

National Bank of Greece

Market Cap: €12.3b

Provides banking, financial products, and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom, and internationally.

Tryg

Market Cap: DKK 91.3b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Smith & Nephew

Market Cap: UK£10.6b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Israel Discount Bank

Market Cap: ₪43.9b

Provides various banking and financial services in Israel, Europe, and North America.

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥96.2b

Henan Shuanghui Investment & Development Co.,Ltd.

Brookfield Renewable

Market Cap: US$14.0b

Owns and operates a portfolio of renewable power and sustainable solution assets.

Phoenix Financial

Market Cap: ₪43.6b

Provides multi-line insurance products in Israel.