Nigerian Retail Defensive Blue Chips

Taiwan Cooperative Financial Holding

Market Cap: NT$388.2b

Provides commercial banking, insurance, securities, bills finance, venture capital, asset management, and investment trust services in Taiwan.

Shree Cement

Market Cap: ₹1.1t

Engages in the manufacture and sale of cement and clinker in India and internationally.

Cochlear

Market Cap: AU$20.2b

Provides implantable hearing solutions for children and adults worldwide.

Rede D'Or São Luiz

Market Cap: R$72.9b

Operates a network of hospitals in Brazil.

Guangdong Haid Group

Market Cap: CN¥93.9b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Olympus

Market Cap: JP¥1.9t

Manufactures and sells precision machineries and instruments worldwide.

Helvetia Holding

Market Cap: CHF 10.4b

Engages in life and non-life insurance, and reinsurance business in Switzerland, Germany, Austria, Spain, Italy, France, and internationally.

Fisher & Paykel Healthcare

Market Cap: NZ$21.7b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

ageas

Market Cap: €11.1b

Engages in insurance business.

Insurance Australia Group

Market Cap: AU$19.8b

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

Kansai Electric Power Company

Market Cap: JP¥1.9t

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

China Zheshang Bank

Market Cap: HK$101.1b

Provides various commercial banking products and services in Mainland China.

Reinsurance Group of America

Market Cap: US$12.9b

Provides reinsurance and financial solutions.

Maplebear

Market Cap: US$12.8b

Maplebear Inc., doing business as Instacart, engages in the provision of online grocery shopping services to households in North America.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 55.3b

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

Almarai

Market Cap: ر.س47.6b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

National Bank of Greece

Market Cap: €10.8b

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

BPER Banca

Market Cap: €10.8b

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

Union Bank of India

Market Cap: ₹1.1t

Provides banking products and services in India.

Indus Towers

Market Cap: ₹1.1t

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India.

SCB X

Market Cap: ฿407.4b

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

Tata Consumer Products

Market Cap: ₹1.1t

Produces, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally.

Mapfre

Market Cap: €10.6b

Engages in the investment, insurance, property, financial, and services businesses in Spain.

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥87.7b

Henan Shuanghui Investment & Development Co.,Ltd.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ44.6b

Provides mobile, fixed services, broadband connectivity, and IPTV solutions to homes and businesses in the United Arab Emirates.

Adani Energy Solutions

Market Cap: ₹1.0t

Generates, transmits, and distributes power in India.

HKT Trust and HKT

Market Cap: HK$95.2b

An investment holding company, engages in the provision of technology, and satellite-and network-based telecommunications and related services in Hong Kong, Mainland China, and internationally.

Grupo Cibest

Market Cap: Col$48.9t

Provides banking products and services in Colombia and internationally.

IDBI Bank

Market Cap: ₹1.0t

Provides a range of banking and financial services in India.

Apollo Hospitals Enterprise

Market Cap: ₹1.0t

Engages in the provision of healthcare services in India and internationally.

BB Seguridade Participações

Market Cap: R$66.9b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

CNA Financial

Market Cap: US$12.0b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States and internationally.

Bankinter

Market Cap: €10.2b

Provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain.

BKW

Market Cap: CHF 9.5b

An international energy and infrastructure company, plans, builds, and operates infrastructure to produce and supply energy to businesses, households, and the public sector in Switzerland, Germany, Italy, France, and internationally.

Banco Comercial Português

Market Cap: €10.2b

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

BE Semiconductor Industries

Market Cap: €10.1b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.