Stocks in Athens fell in early trade, tracking Europe’s losses, after  the US Federal Reserve signalled higher-for-longer interest rates. At home, investors, mostly foreign,  have turned cautious over the country’s economic growth prospects, following catastrophic damages caused by the Daniel Storm. 

 

At 1050 local time, the genera share index was losing 0.4% to 1195 point, losing the 1200-psychological support level. 

 

Banks underperformed the broader market with losses of 0.9%.