Nigerian Retail Defensive Blue Chips

Tata Power

Market Cap: ₹1.3t

Engages in the generation, transmission, distribution, and trading of electricity in India and internationally.

Tenet Healthcare

Market Cap: US$14.5b

Operates as a diversified healthcare services company in the United States.

MTN Group

Market Cap: R262.3b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

Huaneng Power International

Market Cap: HK$113.0b

Generates and sells electric power to the regional or provincial grid companies in the People’s Republic of China and internationally.

Bank Polska Kasa Opieki

Market Cap: zł53.7b

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

Unipol Assicurazioni

Market Cap: €12.5b

Provides insurance products and services primarily in Italy.

Brown-Forman

Market Cap: US$14.3b

Manufactures, distills, bottles, imports, exports, markets, and sells a variety of alcohol beverages.

Grupo Nutresa S. A

Market Cap: Col$59.4t

Operates in the food industry in Colombia, Latin America, and internationally.

Wilmar International

Market Cap: S$18.4b

Operates as an agribusiness company in the People's Republic of China, South East Asia, India, Europe, Australia, New Zealand, Africa, and internationally.

Everest Group

Market Cap: US$14.1b

Through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Jiangsu Yanghe Distillery

Market Cap: CN¥101.6b

Offers liquors and wines.

Banco de Chile

Market Cap: CL$13.8t

Operates as a commercial bank that provides banking services in Chile.

Bank of Baroda

Market Cap: ₹1.2t

Provides various banking products and services to individuals, government departments, and corporate customers in India and internationally.

BPER Banca

Market Cap: €12.3b

Provides banking products and services for individuals, and businesses and professionals in Italy and internationally.

Power Assets Holdings

Market Cap: HK$110.2b

An investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, and internationally.

Mashreqbank PSC

Market Cap: د.إ51.5b

Provides various banking and financial services to individuals and corporates.

East West Bancorp

Market Cap: US$14.0b

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.

Telia Company

Market Cap: SEK 136.2b

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

Unum Group

Market Cap: US$13.9b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

ASR Nederland

Market Cap: €12.2b

Provides insurance, pensions, and mortgages products and services for consumers, entrepreneurs, and employers in the Netherlands.

Budweiser Brewing Company APAC

Market Cap: HK$109.0b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, and internationally.

BJ's Wholesale Club Holdings

Market Cap: US$13.9b

Operates membership warehouse clubs on the eastern half of the United States.

First Financial Holding

Market Cap: NT$415.3b

Through its subsidiaries, provides various in Taiwan, Asia, the United States, and internationally.

Punjab National Bank

Market Cap: ₹1.2t

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

Max Healthcare Institute

Market Cap: ₹1.2t

Provides medical and healthcare services in India.

IHH Healthcare Berhad

Market Cap: RM 58.8b

An investment holding company, offers healthcare services in Malaysia, Singapore, Turkey, India, China, Japan, Europe, and internationally.

Olympus

Market Cap: JP¥2.0t

Manufactures and sells precision machineries and instruments worldwide.

Smith & Nephew

Market Cap: UK£10.2b

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

Kansai Electric Power Company

Market Cap: JP¥2.0t

Engages in electricity, gas and heat supply, and telecommunication businesses in Japan.

Hims & Hers Health

Market Cap: US$13.5b

Operates a telehealth platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, and internationally.

Eurobank Ergasias Services and Holdings

Market Cap: €11.7b

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

Montage Technology

Market Cap: CN¥96.6b

An integrated circuits design company, provides IC solutions for cloud computing and data center markets in the People’s Republic of China.

Cochlear

Market Cap: AU$20.8b

Provides implantable hearing solutions for children and adults worldwide.

Admiral Group

Market Cap: UK£10.1b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States.

Insurance Australia Group

Market Cap: AU$20.7b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

FinecoBank Banca Fineco

Market Cap: €11.7b

Provides banking, credit, trading and investment services in Italy.