Equities closed down, hitting three-month lows, as investors are concerned over the cost of the damages caused by the devastating Storm Daniel. Also, an interest rate hike by the ECB on Thursday is seen possible. Banks were badly-hit. 

The general share index shed 1.7% to close at 1225 points. Some 100 million euros worth of stocks exchanged hands. The banking sub-index lost 2.6%. 

Among banks, Piraeus gave up 4.3%, NBG -3%. Elsewhere, Aegean fell 5.2%, Cenergy -3.3%, PPC -2.6%.