Indonesian Telecom Defensive Blue Chips

Centrica

Market Cap: UK£7.8b

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

Japan Post Insurance

Market Cap: JP¥1.7t

Engages in the provision of life insurance products and services in Japan.

Taiwan Mobile

Market Cap: NT$336.4b

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

Globalstar

Market Cap: US$10.4b

Provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally.

Banca Transilvania

Market Cap: RON 47.3b

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

Shizuoka Financial GroupInc

Market Cap: JP¥1.7t

Provides various banking products and services.

Lotus Bakeries

Market Cap: €9.0b

Provides various snack products in Belgium and internationally.

Zhejiang Zheneng Electric Power

Market Cap: CN¥69.3b

Zhejiang Zheneng Electric Power Co., Ltd.

Beazley

Market Cap: UK£7.6b

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

Alpha Bank

Market Cap: €8.9b

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

Old National Bancorp

Market Cap: US$10.2b

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

United Spirits

Market Cap: ₹976.9b

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

OGE Energy

Market Cap: US$10.1b

Through its subsidiaries, generates, transmits, distributes, and sells electric energy in the United States.

OPC Energy

Market Cap: ₪30.3b

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