WHICH ASX STOCK WILL HIT $100 FIRST?

With the Australian stock market surging ahead in recent weeks, bookie Sportingbet.com.au has released a market on which stock will become the first with a $100 a share price tag.

Sportingbet makes the Commonwealth Bank of Australia (CBA) and CSL Limited (CSL) its $2.50 equal favourites to reach the magic number first, just ahead of Cochlear Ltd (COH) at $2.75.

You can get odds of $81 about Macquarie Group (MQG) and $101 about Rio Tinto Ltd (RIO) being the first to bring up the century in 2015.

Meanwhile, it’s $1.65 at Sportingbet that the RBA will cut rates by another 0.25% in March, versus $2.15 that there will be no change to rates.

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Which share on the ASX will hit $100 first in 2015?

Odds from Sportingbet.com.au

Commonwealth Bank of Australia $2.50

CSL Limited (CSL) $2.50

Cochlear Ltd (COH) $2.75

Macquarie Group Limited (MQG) $81

Rio Tinto Ltd (RIO) $101

Ramsay Health Care LTD (RHC) $201

Interest rates – March decision