Nigerian Software Defensive Blue Chips

First Solar

Market Cap: US$28.9b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

National Bank of KuwaitK.P

Market Cap: د.ك8.9b

Provides financial and investment services and solutions to individual, corporate, and institutional clients in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

ABN AMRO Bank

Market Cap: €24.3b

Provides various banking products and financial services to retail, private, and business clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.

Naturgy Energy Group

Market Cap: €24.3b

Engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of gas.

OTP Bank Nyrt

Market Cap: Ft9.5t

Provides commercial banking services to individuals, municipalities, corporations, and enterprises.

Bank Mandiri (Persero)

Market Cap: Rp471.3t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, England, and the Cayman Islands.

Kraft Heinz

Market Cap: US$28.0b

Manufactures and markets food and beverage products in North America and internationally.

Aviva

Market Cap: UK£20.8b

Provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, and internationally.

Avenue Supermarts

Market Cap: ₹2.5t

Engages in the business of organized retail and operating supermarkets under the D-Mart brand name in India.

BNP Paribas Fortis

Market Cap: €23.6b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

Archer-Daniels-Midland

Market Cap: US$27.8b

Engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions.

Huntington Bancshares

Market Cap: US$27.8b

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

Power Grid Corporation of India

Market Cap: ₹2.5t

An electric power transmission utility, engages in the power transmission business in India and internationally.

Standard Bank Group

Market Cap: R462.5b

Provides financial products and services in South Africa and internationally.

Markel Group

Market Cap: US$27.5b

Through its subsidiaries, engages in the insurance business in the United States and internationally.

Brown & Brown

Market Cap: US$27.4b

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally.

Bank of Jiangsu

Market Cap: CN¥190.7b

Provides various banking products and services in China.

Atmos Energy

Market Cap: US$27.1b

Engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States.

Nestlé India

Market Cap: ₹2.4t

Engages in the manufacture and sale of food products in India and internationally.

Bank of Ningbo

Market Cap: CN¥188.9b

Provides various personal and business banking products and services in the People's Republic of China.

China Tower

Market Cap: HK$208.2b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Credo Technology Group Holding

Market Cap: US$26.7b

Provides various high-speed connectivity solutions for optical and electrical Ethernet, and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally.

W. R. Berkley

Market Cap: US$26.7b

An insurance holding company, operates as a commercial line writer worldwide.

First Citizens BancShares

Market Cap: US$26.6b

Operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally.

BPER Banca

Market Cap: €22.5b

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

Grupo Financiero Banorte. de

Market Cap: Mex$475.0b

Through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally.

George Weston

Market Cap: CA$36.2b

Provides food and drug retailing, and financial services in Canada.

DexCom

Market Cap: US$26.1b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems in the United States and internationally.

EnBW Energie Baden-Württemberg

Market Cap: €22.1b

Operates as an integrated energy company in Germany, Rest of Europe, and internationally.

Inner Mongolia Yili Industrial Group

Market Cap: CN¥182.3b

Inner Mongolia Yili Industrial Group Co., Ltd.

Cincinnati Financial

Market Cap: US$25.9b

Provides property casualty insurance products in the United States.

Citizens Financial Group

Market Cap: US$25.7b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.

American Water Works Company

Market Cap: US$25.7b

Through its subsidiaries, provides water and wastewater services in the United States.

CGN Power

Market Cap: HK$199.0b

Operates and manages nuclear power stations, sells electricity generated by these stations, and provides related technical services in the People’s Republic of China.

Koninklijke Philips

Market Cap: €21.7b

Operates as a health technology company in North America, the Greater China, and internationally.

China National Nuclear Power

Market Cap: CN¥178.5b

Engages in the investment, development, construction, operation, and management of nuclear power projects in the People's Republic of China.