BUZZ-James Hardie's ASX-listed shares rise on US plants closure, forecast reaffirmation
Reuters
Jan 16
BUZZ-<a href="https://laohu8.com/S/JHIUF">James Hardie</a>'s ASX-listed shares rise on US plants closure, forecast reaffirmation
** ASX-listed shares of James HardieJHA1.F, JHX.AX rise as much as 2.3% to A$35.790, hitting their highest level since Aug. 19
** Fibre cement maker reaffirms its third-quarter and FY26 forecast
** Co shuts down manufacturing plants in California, South Carolina, others
** Expects to generate annualized cost savings of about $25 million
** Stock lost 38% in 2025; up over 15% so far this year, including current session's moves
** JHX up over 10% this week
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com))
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