James Hardie Industries recovered due to easing conflict
James Hardie Industries plc closed at $25.82 per share on July 17, 2026.
The company’s market capitalization reflects its strong outlook.
The L1 Long Short Fund achieved notable gains, rising 12.7% in Q2 2026, outperforming the ASX200AI’s 4.0% return.
The fund’s year-to-date returns were 12.5%, compared to the ASX200AI’s 2.4%, driven by strong earnings and robust cash flow from AI-related capital expenditure.