The Business Times
SUBSCRIBERS

Cloud focus lets Canada's top stock float above commodity fray

Kinaxis, which has posted steady growth in sales and profits, has more than tripled from its June 2014 IPO price

Published Thu, Dec 10, 2015 · 09:50 PM
Share this article.

Ottawa

IN A stock market where everything's going wrong, Kinaxis Inc is doing everything right.

The Canadian cloud software company has surged 147 per cent this year, the best performance among 232 companies with market values of more than C$1 billion (S$1 billion). That's in contrast to the 12 per cent plunge in the nation's benchmark equity gauge, which has been pummelled by a commodity rout.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Technology

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here