Serbian Consumer Durables Defensive Blue Chips

GAIL (India)

Market Cap: ₹1.2t

Operates as a natural gas processing and distribution company in India and internationally.

Max Healthcare Institute

Market Cap: ₹1.2t

Provides medical and healthcare services in India.

Guangdong Haid Group

Market Cap: CN¥94.8b

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

Samsung Fire & Marine Insurance

Market Cap: ₩19.0t

Provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom.

Woori Financial Group

Market Cap: ₩19.0t

Operates as a commercial bank which provides various financial services to individual, business, and institutional customers in Korea.

Tata Consumer Products

Market Cap: ₹1.2t

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

CEMEX. de

Market Cap: Mex$243.9b

Engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide.

BE Semiconductor Industries

Market Cap: €11.4b

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

Universal Health Services

Market Cap: US$13.2b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Hormel Foods

Market Cap: US$13.2b

Develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally.

Canara Bank

Market Cap: ₹1.2t

Provides various banking products and services in India and internationally.

Banco Santander-Chile

Market Cap: CL$12.5t

Provides commercial and retail banking products and services in Chile.

Apollo Hospitals Enterprise

Market Cap: ₹1.2t

Provides healthcare services in India.

Admiral Group

Market Cap: UK£9.9b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States.

Banco Comercial Português

Market Cap: €11.3b

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

Almarai

Market Cap: ر.س48.8b

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

NMBZ Holdings

Market Cap: US$1.7b

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

Kasikornbank

Market Cap: ฿427.7b

Provides commercial banking products and services in Thailand and internationally.

Mashreqbank PSC

Market Cap: د.إ47.8b

Provides various banking and financial services to individuals and corporates.

Powszechny Zaklad Ubezpieczen

Market Cap: zł47.5b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

CP ALL

Market Cap: ฿425.7b

Operates and franchises convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internatinally.

Helvetia Holding

Market Cap: CHF 10.3b

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

Telecom Italia

Market Cap: €11.2b

Engages in the fixed and mobile telecommunications services in Italy and internationally.

Unum Group

Market Cap: US$12.9b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

Arab National Bank

Market Cap: ر.س48.2b

Provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

Adani Energy Solutions

Market Cap: ₹1.1t

Generates, transmits, and distributes power in India.

Doximity

Market Cap: US$12.7b

Operates as a digital platform for medical professionals in the United States.

Zegona Communications

Market Cap: UK£9.6b

Provides integrated telecommunications services in Spain.

GD Power DevelopmentLtd

Market Cap: CN¥90.4b

Operates as a power generation company in China.

Lasertec

Market Cap: JP¥1.9t

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

VeriSilicon Microelectronics (Shanghai)

Market Cap: CN¥90.4b

Provides platform-based custom silicon and semiconductor IP licensing services in China and internationally.

ageas

Market Cap: €10.9b

Engages in insurance business.

Chandra Daya Investasi

Market Cap: Rp211.2t

Operates as an infrastructure investment holding company.

Encompass Health

Market Cap: US$12.6b

Provides post-acute healthcare services in the United States and Puerto Rico.

Turkiye Garanti Bankasi

Market Cap: ₺528.8b

Provides various banking products and services in Turkey.

James Hardie Industries

Market Cap: AU$19.4b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.