Zambian Utilities Defensive Blue Chips

S.P.E.E.H. Hidroelectrica

Market Cap: RON 55.0b

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

Universal Health Services

Market Cap: US$12.5b

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

Tata Consumer Products

Market Cap: ₹1.1t

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

Apollo Hospitals Enterprise

Market Cap: ₹1.1t

Provides healthcare services in India.

Banque Saudi Fransi

Market Cap: ر.س46.6b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

BDO Unibank

Market Cap: ₱720.0b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.

Telecom Italia

Market Cap: €10.7b

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

James Hardie Industries

Market Cap: AU$19.0b

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

Encompass Health

Market Cap: US$12.3b

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

Doximity

Market Cap: US$12.3b

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

RenaissanceRe Holdings

Market Cap: US$12.3b

Provides reinsurance and insurance products in the United States and internationally.

Israel Discount Bank

Market Cap: ₪40.1b

Provides various banking and financial services in Israel, Europe, and North America.

Aegon

Market Cap: €10.6b

Provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.

Hims & Hers Health

Market Cap: US$12.2b

Operates a telehealth platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, and internationally.

Taiwan Cooperative Financial Holding

Market Cap: NT$374.0b

Provides commercial banking, insurance, securities, bills finance, venture capital, asset management, and investment trust services in Taiwan.

Kasikornbank

Market Cap: ฿394.5b

Provides commercial banking products and services in Thailand and internationally.

Fisher & Paykel Healthcare

Market Cap: NZ$21.1b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

Shree Cement

Market Cap: ₹1.1t

Engages in the manufacture and sale of cement and clinker in India and internationally.

Union Bank of India

Market Cap: ₹1.1t

Provides banking products and services in India.

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥85.6b

Henan Shuanghui Investment & Development Co.,Ltd.

Lasertec

Market Cap: JP¥1.8t

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

Rockchip Electronics

Market Cap: CN¥85.4b

Operates as a fabless IC design company in China.

Tokyo GasLtd

Market Cap: JP¥1.8t

Engages in the production, supply, and sale of city gas and LNG in Japan.

Indian Bank

Market Cap: ₹1.1t

Provides various banking products and services.

BJ's Wholesale Club Holdings

Market Cap: US$11.9b

Operates membership warehouse clubs on the eastern half of the United States.

Dino Polska

Market Cap: zł43.4b

Operates a network of mid-sized grocery supermarkets under the Dino brand name in Poland.

True Corporation

Market Cap: ฿383.5b

Provides telecommunications and value-added services in Thailand.

Cochlear

Market Cap: AU$18.2b

Provides implantable hearing solutions for children and adults worldwide.

Bank Albilad

Market Cap: ر.س43.8b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

Bank Permata

Market Cap: Rp194.5t

Provides various banking products and services in Indonesia.

Raiffeisen Bank International

Market Cap: €10.0b

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

Acciona

Market Cap: €10.0b

Engages in the energy, infrastructure, and other businesses in Spain and internationally.

BKW

Market Cap: CHF 9.3b

An international energy and infrastructure company, plans, builds, and operates infrastructure to produce and supply energy to businesses, households, and the public sector in Switzerland, Germany, Italy, France, and internationally.

BB Seguridade Participações

Market Cap: R$63.0b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Ooredoo Q.P.S.C

Market Cap: ر.ق42.0b

Provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region.

Kirin Holdings Company

Market Cap: JP¥1.7t

Engages in food and beverages, alcoholic beverages, pharmaceuticals, and health science businesses.