PremiumUpdatedGraham SkellernBusinessDesk·20 Jul, 2026 06:26 AM5 mins to readHeartland’s proposed merger with TSB Bank is facing public opposition in Taranaki. Photo / SuppliedHeartland’s proposed merger with TSB Bank is facing public opposition in Taranaki. Photo / SuppliedInvestors are feeling decidedly uncomfortable amid the heightened Middle East conflict, rising oil prices, and the continued tech sell-off as the New Zealand sharemarket opened the week on a flat note.

The S&P/NZX traded reasonably steadily after a sharp fall in the morning following another down-day on Wall Street and