Pakistani Commercial Services Defensive Blue Chips

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ68.7b

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

Tyson Foods

Market Cap: US$18.5b

Operates as a food company worldwide.

Tenaga Nasional Berhad

Market Cap: RM 76.9b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

NN Group

Market Cap: €15.9b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.

Tenet Healthcare

Market Cap: US$18.3b

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

Banco de Chile

Market Cap: CL$17.1t

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

HDFC Life Insurance

Market Cap: ₹1.6t

Provides individual and group insurance solutions in India.

Talen Energy

Market Cap: US$18.1b

An independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States.

Principal Financial Group

Market Cap: US$18.0b

Provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.

Coca-Cola FEMSA. de

Market Cap: US$18.0b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

Varun Beverages

Market Cap: ₹1.6t

Manufactures, bottles, sells, and distributes beverages and value-added products under the PepsiCo brands.

MTN Group

Market Cap: R311.8b

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

Centene

Market Cap: US$17.7b

Operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations in the United States.

Rede D'Or São Luiz

Market Cap: R$94.8b

Engages in the provision of hospital services in Brazil.

Banco de Crédito del Perú

Market Cap: S/59.7b

Provides banking products and services to individuals, small-sized companies, and corporate customers in Peru.

JDE Peet's

Market Cap: €15.3b

Operates as a coffee and tea company worldwide.

IHH Healthcare Berhad

Market Cap: RM 73.2b

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

Saudi Awwal Bank

Market Cap: ر.س65.0b

Provides banking and financial services in the Kingdom of Saudi Arabia.

Pro Medicus

Market Cap: AU$26.6b

A healthcare informatics company, engages in the development and supply of healthcare imaging software, and radiology information (RIS) system software and services to hospitals, imaging centers, and health care groups in Australia, North America, and Europe.

Mizrahi Tefahot Bank

Market Cap: ₪56.1b

Provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel and internationally.

McCormick

Market Cap: US$17.2b

Manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry.

China Three Gorges Renewables (Group)Ltd

Market Cap: CN¥122.1b

China Three Gorges Renewables (Group) Co.,Ltd.

Koninklijke KPN

Market Cap: €14.9b

Provides telecommunications and information technology (IT) services in the Netherlands.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$91.3b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Kansai Electric Power Company

Market Cap: JP¥2.6t

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

Bank of Beijing

Market Cap: CN¥120.7b

Provides various banking services to individuals and corporates in China.

Wens Foodstuff Group

Market Cap: CN¥120.4b

Operates as an agricultural and animal husbandry company in China.

Bank of Baroda

Market Cap: ₹1.5t

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

Alinma Bank

Market Cap: ر.س63.0b

Provides banking and investment services in the Kingdom of Saudi Arabia.

Lasertec

Market Cap: JP¥2.6t

Engages in the designing, manufacturing, and sale of inspection and measurement equipment in Japan and internationally.

Coca-Cola HBC

Market Cap: UK£12.8b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.

Arca Continental. de

Market Cap: Mex$309.7b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Anhui Conch Cement

Market Cap: CN¥118.7b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

CK Infrastructure Holdings

Market Cap: HK$129.4b

An infrastructure company, invests in, develops, and operates infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.

Attijariwafa bank

Market Cap: د.م154.6b

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

Oklo

Market Cap: US$16.6b

Develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to the customers in the United States.