Singaporean Software Defensive Blue Chips

S.P.E.E.H. Hidroelectrica

Market Cap: RON 66.0b

Produces and supplies hydro, wind, and energy electricity in Romania.

Origin Energy

Market Cap: AU$21.5b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

Bank of Baroda

Market Cap: ₹1.4t

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

Krung Thai Bank

Market Cap: ฿485.7b

Engages in commercial banking business in Thailand and internationally.

Attijariwafa bank

Market Cap: د.م139.5b

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

Powszechny Zaklad Ubezpieczen

Market Cap: zł54.5b

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

Nova

Market Cap: US$14.8b

Engages in the design, development, production, and sale of process control systems used in the manufacture of semiconductors in Taiwan, the United States, China, Korea, and internationally.

Coloplast

Market Cap: DKK 94.7b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

Piotech

Market Cap: CN¥100.6b

Engages in the research and development, production, sales, and technical services of high-end semiconductor special equipment in China.

Metro

Market Cap: CA$20.0b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

Jerónimo Martins SGPS

Market Cap: €12.5b

Operates in the food distribution and specialized retail sectors in Portugal, Poland, Colombia, and internationally.

Grupo Financiero Inbursa. de

Market Cap: Mex$257.9b

Provides various financial products and services to individuals and businesses in Mexico.

Hua Nan Financial Holdings

Market Cap: NT$463.4b

Provides financial services in Taiwan and internationally.

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ53.0b

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

Asahi Group Holdings

Market Cap: JP¥2.3t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Eurobank

Market Cap: €12.4b

Provides retail, corporate and private banking, asset management, treasury and capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Banco de Crédito e Inversiones

Market Cap: CL$13.0t

Provides various banking products and services in Chile, the United States, and Peru.

McCormick

Market Cap: US$14.3b

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

Raiffeisen Bank International

Market Cap: €12.3b

Offers banking services to corporate, retail, and institutional customers.

East West Bancorp

Market Cap: US$14.2b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

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

Market Cap: ر.ق51.9b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

SinoPac Financial Holdings

Market Cap: NT$453.6b

Through its subsidiaries, provides banking services worldwide.

Britannia Industries

Market Cap: ₹1.3t

Manufactures and sells various food products in India and internationally.

ING Bank Slaski

Market Cap: zł51.9b

Provides various banking products and services for retail clients and businesses in Poland.

Union Bank of India

Market Cap: ₹1.3t

Provides banking products and services in India.

Tryg

Market Cap: DKK 90.5b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Varun Beverages

Market Cap: ₹1.3t

Manufactures, bottles, sells, and distributes beverages under the PepsiCo brands in India, Sri Lanka, Nepal, Zambia, Morocco, Zimbabwe, the Democratic Republic of Congo, Mozambique, South Africa, Lesotho, Eswatini, Namibia, and Botswana.

Winbond Electronics

Market Cap: NT$447.8b

Engages in the research, development, production and sales of integrated circuits, various semiconductor components and other system products.

China Jushi

Market Cap: CN¥95.8b

Manufactures and sells fiberglass and related products in China and internationally.

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥95.7b

Henan Shuanghui Investment & Development Co.,Ltd.

HDFC Life Insurance

Market Cap: ₹1.3t

Provides individual and group insurance solutions in India.

Tele2

Market Cap: SEK 129.2b

Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia.

Phoenix Financial

Market Cap: ₪43.2b

Provides multi-line insurance products in Israel.

Bankinter

Market Cap: €11.9b

Provides various banking products and services to individuals, corporates, and small- and medium-sized enterprises in Spain, Luxembourg, Portugal, and Ireland.

Banco Comercial Português

Market Cap: €11.9b

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

ASR Nederland

Market Cap: €11.9b

Provides insurance, pensions, and mortgages products and services for consumers, entrepreneurs, and employers in the Netherlands.