* Blue chips, financials drag bourse on technical correction * Foreigners buy 46.1 mln rupees worth shares on net basis * Rupee down on mild importer dlr demand-dealers COLOMBO, June 13 (Reuters) - Sri Lanka's stock market fell on Monday to near three-month closing lows led by blue chips and financials due to a technical correction after heavy speculative trading in the past few days, while the rupee edged up on stocks-related inflows. Sri Lanka's main share index closed 0.62 percent or 45.06 points weaker at 7,186.86, its lowest since March 21. "This is a correction after several penny stocks boosting the index in heavy speculative trading," said a stock broker on condition of anonymity. "I think market is getting back to normal with fundamentals." Foreign investors were net buyers of 46.1 million rupees worth of shares on Monday, but they have sold a net 6.95 billion rupees worth shares in 2011 after a record 26.4 billion in 2010. Conglomerate ExpoLanka Holdings , which started trading on Monday, ended 2.14 percent firmer than its initial public offering price of 14 rupees. The day's turnover was 2.48 billion Sri Lanka rupees ($22.6 million), just above last year's average of 2.4 billion but slightly below this year's daily average of 2.92 billion. Traded volume was 234.4 million, against a five-day average of 346.3 million. The 30-day and 90-day average trading volumes were 162 million and 103.7 million, respectively. Last year's daily average was 67.9 million. The bourse is still Asia's best performer in 2011 with a 8.3 percent gain, after bringing in the region's top return of 96 percent last year. The rupee ended a tad firmer, closing at 109.45/48 a dollar from Friday's 109.48/52 due to stocks-related inflows, currency dealers said. It hit a high of 109.30 a dollar on Thursday, its highest since Oct. 30, 2008, Reuters data showed. FACTORS TO WATCH: - June monetary policy rate announcement on Tuesday - If foreign investors buy shares in large volumes - If Sri Lanka can achieve an 8.5 pct growth target amid rising global oil prices and inflation - The extent of the rupee appreciation DATA Colombo Stock Exchange: Stock Market Volume (Shares) Current Volume Average Volume 30 Days 234,351,330 162,011,426 Yield and Price of Sri Lanka's sovereign bonds: Maturing year Tenure amount Reuters yield 2012 5-yr $500 mln 2.648-2.218 2014 5-yr $500 mln 4.641-4.359 2020 10-yr $1,000 mln 6.2126-6.0706 * For Sri Lankan treasury securities benchmarks and data, please click and * For interbank lending rate or call money rate or * For secondary market rates, please see <0#LKBMK=>. ($1 = 109.500 Sri Lanka Rupees) (Reporting by Ranga Sirilal; Editing by Shihar Aneez and Sunil Nair)

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