Toronto stocks moved higher Tuesday, setting yet again a fresh record for the senior exchange, as investors bought into the broader market and reacted favourably to the Bank of Canada’s decision to stand pat on rates.

The S&P/TSX composite index rose 47.23 points, or 0.37%, to 12,895.90. The market has gained approximately 365 points over the last five sessions.

Canada’s central bank decided to leave its key overnight rate unchanged at 4.25%.

Nine of the 10 TSX main sub-groups were up, with materials, down 0.36%, the only sector not joining the party.

Gold futures fell $2.90 at US$642.30 an ounce. The TSX gold sub-sector was off 1.59%.

Crystallex International Corp. fell 23¢, or 5.04%, to $4.33.

The energy sector gained 0.69%. Light, sweet crude futures remained virtually unchanged, falling 1¢ at US$62.43 a barrel.

Husky Energy Corp. gained $1.18, or 1.50%, to $79.93.

The S&P TSX Venture composite index lost 3.33 points, or 0.12%, to 2,834.34.

In New York, markets advanced on economic news suggesting that inflation pressures remained in check.

The Dow Jones Industrial Average gained 47.75 points, or 0.39%, to 12,331.60, the Nasdaq moved ahead 3.99, or 0.16%, to 2,452.38, and the S&P500 rose 5.64, or 0.40%, to 1,414.76.