New York, Jan 13, 2026, 12:56 ET — Regular session
- IHS Holding shares rose about 6% in midday trading, outpacing U.S. tower peers
- December U.S. inflation data kept rate-cut hopes alive, even as stocks stayed choppy
- Focus shifts to Fed policy signals and IHS’s next earnings update in March
IHS Holding Limited shares rose 5.9% to $8.05 on Tuesday, after touching $8.10 in midday New York trading.
The move came as investors sized up fresh U.S. inflation data and what it might mean for interest rates. The consumer price index rose 0.3% in December and 2.7% from a year earlier; core CPI — which strips out food and energy — was 2.6%, Reuters data showed. Art Hogan, chief market strategist at B. Riley Wealth, said the “core came in a tick cooler at 2.6%.”
Wall Street’s tone was less clean-cut. Ryan Detrick, chief market strategist at Carson Group, said “the lifeblood of a bull market is rotation” as investors moved away from crowded trades, while traders kept betting on rate cuts later this year. Investors are pricing in at least two 25-basis-point cuts (0.25 percentage point each) between June and December, Reuters reported.
IHS’s gains stood out against U.S.-listed tower owners. American Tower fell about 0.5%, SBA Communications lost roughly 0.7% and Crown Castle slipped about 0.5%.
IHS, which operates as IHS Towers, owns and runs shared communications infrastructure across Africa and Latin America. The company says it has more than 37,000 towers across seven operating countries.
The run-up also pushed the stock toward the top end of its yearly range. Investing.com said earlier in the session that IHS hit a 52-week high at $8.01.
With no fresh company update on Tuesday, trading was driven more by rates and positioning than headlines. The stock’s steady climb this month has also put technical levels back in play, especially around the $8 handle.
But the same macro tailwind can flip quickly. “Core CPI could accelerate in January,” economists warned in the Reuters report, and Santander U.S. Capital Markets’ Stephen Stanley noted that core CPI “has jumped by 0.4% and more” in each of the past four Januarys. The Fed is expected to hold rates at its Jan. 27-28 meeting, the report added. Reuters
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