Nearmap jumps, Bendigo and Adelaide Bank impresses

At lunch on Monday the S&P/ASX 200 Index (ASX: XJO) is back on form and charging higher. The benchmark index is currently up 0.8% to 6,862.9 points.

Here’s what is happening on the market today:

Nearmap reponds to short seller and releases half year update

The Nearmap Ltd (ASX: NEA) share price is racing higher today after responding to a short seller report and releasing its half year results. In respect to the latter, the aerial imagery technology and location data company reported annual contract value (ACV) of $112.2 million on a reported basis and $116.7 million on a constant currency basis. This represents a 16.1% and 21% increase, respectively, over the prior corresponding period. Management also comprehensively…