Turnover of $247m included Quadrant Private Equity's sale of 14% of Summerset Group for about $89m.

Turnover of $195m was boosted by 1.7% of Trade Me changing hands. The stock has gained 30% this year.

NZX rises to a six-year high in anticipation of fees from new listings.

Fletcher Building gains 0.7% to $8.61 and was the second-most most traded at about $44m of stock.

No date has been set for the listing, though it is expected to be near the end of July or early August.