Pakistani Software Defensive Blue Chips

Becton Dickinson

Market Cap: US$58.8b

Develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products for healthcare institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry, and the general public worldwide.

Aflac

Market Cap: US$58.7b

Through its subsidiaries, provides supplemental health and life insurance products.

FBC Holdings

Market Cap: US$7.6b

Through its subsidiaries, provides commercial and wholesale banking, mortgage financing, micro lending, reinsurance, short-term insurance, and stockbroking services in Zimbabwe.

Industrial Bank

Market Cap: CN¥405.9b

Provides banking products and services in the People’s Republic of China.

Life Insurance Corporation of India

Market Cap: ₹5.3t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

China Pacific Insurance (Group)

Market Cap: CN¥403.5b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Emirates NBD Bank PJSC

Market Cap: د.إ211.6b

Engages in the provision of corporate, institutional, retail, treasury, and Islamic banking services.

Rocket Companies

Market Cap: US$57.3b

Provides spanning mortgage, real estate, and personal finance services in the United States and Canada.

Standard Chartered

Market Cap: UK£41.8b

Provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas.

China CITIC Bank

Market Cap: CN¥394.5b

Provides various banking products and services in the People’s Republic of China and internationally.

Siemens Healthineers

Market Cap: €48.1b

Through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers in Germany, the United States, rest of Europe, CIS, Africa, the Middle East, the Americas, the Asia Pacific, Japan, and China.

Sempra

Market Cap: US$56.8b

Operates as an energy infrastructure company in the United States and internationally.

Bank Central Asia

Market Cap: Rp959.5t

Provides commercial banking and other financial services.

KBC Group

Market Cap: €48.0b

Provides banking, insurance, and asset management services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients in Belgium, Bulgaria, the Czech Republic, Hungary, and Slovakia.

Loblaw Companies

Market Cap: CA$76.7b

A food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, financial services, and wireless mobile products and services in Canada and the United States.

BOC Hong Kong (Holdings)

Market Cap: HK$437.5b

An investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally.

Wal-Mart de México. de

Market Cap: Mex$968.7b

Owns and operates self-service stores in Mexico and Central America.

Monolithic Power Systems

Market Cap: US$55.8b

Designs, develops, markets, and sells semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets in the United States, China, Taiwan, South Korea, Europe, Southeast Asia, Japan, and internationally.

NXP Semiconductors

Market Cap: US$55.5b

Provides semiconductor products in China, the United States, Germany, Japan, Singapore, South Korea, Mexico, the Netherlands, Taiwan, and internationally.

E.ON

Market Cap: €47.0b

Operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally.

Danone

Market Cap: €46.0b

Operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States.

People's Insurance Company (Group) of China

Market Cap: HK$421.2b

An investment holding company, provides insurance products and services in the People’s Republic of China and Hong Kong.

Diageo

Market Cap: UK£39.4b

Engages in the production, marketing, and distribution of alcoholic beverages in North America, Europe, the Asia Pacific, Latin America and Caribbean, and Africa.

Allstate

Market Cap: US$52.8b

Provides property and casualty, and other insurance products in the United States and Canada.

Holcim

Market Cap: CHF 40.7b

Provides building materials and solutions worldwide.

Orange

Market Cap: €44.0b

Operates as a telecommunications operator in France and internationally.

Cardinal Health

Market Cap: US$51.8b

Operates as a healthcare services and products company in the United States and internationally.

Alimentation Couche-Tard

Market Cap: CA$70.1b

Operates and licenses convenience stores in North America, Europe, and Asia.

Qatar National Bank (Q.P.S.C.)

Market Cap: ر.ق185.8b

Provides conventional and Islamic banking products and services in Qatar, Europe, North America, rest of GCC countries, and internationally.

MetLife

Market Cap: US$50.7b

A financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide.

IDEXX Laboratories

Market Cap: US$50.5b

Develops, manufactures, and distributes products for the companion animal veterinary, livestock and poultry, dairy, and water testing industries in the United States and internationally.

Target

Market Cap: US$50.4b

Operates as a general merchandise retailer in the United States.

United Overseas Bank

Market Cap: S$63.7b

Provides banking products and services worldwide.

Erste Group Bank

Market Cap: €42.1b

Provides a range of banking and other financial services to retail, corporate, and public sector customers.

Sberbank of Russia

Market Cap: ₽3.0t

Sberbank of Russia, together with its subsidiaries, provides corporate and retail banking products and services to individuals, small businesses, corporate clients, and financial institutions.

NAURA Technology Group

Market Cap: CN¥340.9b

Engages in the research and development, production, sale, and technical services of semiconductors in the People's Republic of China.