KARACHI: The stock market snapped its three-day winning streak on Friday as jittery investors indulged in profit-taking towards the end of the session mainly due to growing concerns about the economy amid the contraction of large-scale manufacturing, dragging the benchmark KSE 100 index below 113,000.

Listing the key factors that halted the market bul­­lish drive, Ahsan Meh­anti of Arif Habib Corpo­ration told Dawn that the investor fear over the government tax reforms ahead of the IMF review next month amid revenue shortfalls and a rise in bond yields depressed market sentiment.

He added that the market turned bearish amid dismal data on LSM........

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