Pakistani Tech Defensive Blue Chips

Engie

Market Cap: €68.3b

Engages in renewables and decentralized and low-carbon energy networks in France, Europe, North America, Asia, the Middle East, Oceania, South America, Africa, and internationally.

Lloyds Banking Group

Market Cap: UK£58.2b

Provides a range of banking and financial products and services for retail and commercial customers in the United Kingdom.

CRH

Market Cap: US$79.1b

Provides building materials solutions in Ireland, the United States, the United Kingdom, rest of Europe, and internationally.

Monolithic Power Systems

Market Cap: US$77.8b

Provides semiconductor-based power electronics solutions in China, Taiwan, South Korea, Southeast Asia, Europe, the United States, Japan, and internationally.

China Telecom

Market Cap: HK$609.4b

Provides mobile communications, wireline and satellite communications, internet access, cloud computing and computing power, AI, big data, quantum, ICT integration in the People’s Republic of China.

ANZ Group Holdings

Market Cap: AU$107.2b

Engages in the provision of banking and financial products and services to retail and business customers in Australia and internationally.

Oversea-Chinese Banking

Market Cap: S$98.3b

Provides financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally.

Cigna Group

Market Cap: US$76.6b

Provides insurance and related products and services in the United States.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €64.9b

Engages in the insurance and reinsurance businesses worldwide.

Monster Beverage

Market Cap: US$75.4b

Through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally.

NXP Semiconductors

Market Cap: US$74.1b

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

Abu Dhabi National Energy Company PJSC

Market Cap: د.إ268.7b

Operates as an integrated utility company in the United Arab Emirates, North America, Europe, Africa, and internationally.

CBZ Holdings

Market Cap: US$9.4b

Provides various banking and financial products and services to retail and corporate customers in Zimbabwe.

Nu Holdings

Market Cap: US$70.3b

Provides digital banking platform in Brazil, Mexico, Colombia, the Cayman Islands, and the United States.

SoftBank

Market Cap: JP¥10.6t

Provides mobile communications and fixed-line telecommunications and ISP services in Japan.

Nongfu Spring

Market Cap: HK$526.3b

Produces and sells packaged drinking water and beverage products primarily in Mainland China.

Assicurazioni Generali

Market Cap: €57.2b

Provides various insurance solutions under the Generali brand in the Americas, Italy, rest of Europe, Africa, the Middle East, Asia, and the Oceania.

Japan Tobacco

Market Cap: JP¥10.4t

A tobacco company, engages in the manufacture and sale of tobacco products in Japan and internationally.

Aon

Market Cap: US$66.6b

Operates as a professional services firm in the United States, rest of the Americas, the United Kingdom, Ireland, rest of Europe, the Middle East, Africa, and the Asia Pacific.

ASE Technology Holding

Market Cap: NT$2.1t

Provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally.

China CITIC Bank

Market Cap: CN¥449.2b

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

Manulife Financial

Market Cap: CA$89.3b

Provides financial products and services in the United States, Canada, Asia, and internationally.

Travelers Companies

Market Cap: US$64.9b

Through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States, Canada, and internationally.

Truist Financial

Market Cap: US$64.2b

A financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States.

Nordea Bank Abp

Market Cap: €54.3b

Offers banking products and services for individuals, families, and businesses in Sweden, Finland, Norway, Denmark, and internationally.

NatWest Group

Market Cap: UK£46.6b

Provides banking and financial products and services in the United Kingdom and internationally.

Saudi National Bank

Market Cap: ر.س233.1b

Through its subsidiaries, provides banking and investment management services in the Kingdom of Saudi Arabia and internationally.

Sempra

Market Cap: US$62.1b

Engages in the regulated utilities business in the United States and Mexico.

KDDI

Market Cap: JP¥9.7t

Engages in the provision of mobile telecommunications services in Japan and internationally.

JAPAN POST BANK

Market Cap: JP¥9.5t

Provides financial products and services in Japan and internationally.

BOC Hong Kong (Holdings)

Market Cap: HK$472.8b

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

Cencora

Market Cap: US$59.9b

Cencora, Inc. sources and distributes pharmaceutical products in the United States and internationally.

Singapore Telecommunications

Market Cap: S$75.4b

Provides telecommunication services to consumers and small businesses in Singapore, Australia, and internationally.

Target

Market Cap: US$58.9b

Operates as a general merchandise retailer in the United States.

HOYA

Market Cap: JP¥9.2t

A med-tech company, provides high-tech and medical products internationally.

Crédit Agricole

Market Cap: €50.2b

Provides retail and corporate banking, insurance, and investment banking products and services in France, Italy, rest of the European Union, rest of Europe, North America, Central and South America, Africa, the Middle East, the Asia Pacific, and Japan.